$WCT – CONSOLIDATION PHASE WATCH
$WCT recently tested the $0.3138 high but faced rejection and is now trading near $0.3070. The price is hovering around short-term moving averages, showing signs of consolidation after a small pullback from intraday highs.
If buyers defend the $0.3050–$0.3060 support zone, a bounce could push price back toward $0.3130–$0.3160. A confirmed breakout above $0.3180 would likely strengthen bullish momentum. However, if WCT slips below $0.3050, it may revisit the $0.2970–$0.2960 support range.
Trade Setup (LONG)
Entry Zone: $0.3050 – $0.3080
Targets: $0.3130 → $0.3160 → $0.3180
Stop Loss: $0.3020
Risk Management: Keep exposure limited to 1–2% of total portfolio. After the first target is reached, shift stop-loss to breakeven to minimize downside risk.
