$WCT Breakout Snapshot
Current Price: $0.2873
Resistance: $0.2872
Support: $0.2853
Distance to Resistance: -0.03% (sitting on resistance)
Breakout Probability: 90%
Targets: $0.293 → $0.302
Stop Loss: $0.2796
Risk/Reward: 0.73
Momentum Signals: ✅ RSI bullish, ✅ MACD bullish
24h Volume: $3.99M (down -55.4%)
📝 Trade Note:
WCT is consolidating just at resistance, suggesting an imminent breakout attempt. Technicals look supportive, with momentum indicators aligned, but volume has cooled down significantly—meaning the breakout needs strong participation to confirm.
💡 Trade Idea:
A decisive move above $0.2872 could open targets at $0.293 and $0.302. A protective stop at $0.2796 manages risk.
⚠️ Risk Disclaimer:
With Risk/Reward at 0.73, upside exists but is moderate. Volume weakness increases the chance of a false breakout. Position sizing and quick reaction are key.
🎯 Trader’s Edge:
✅ Bullish momentum (RSI + MACD both positive)
✅ Tight breakout zone → fast move possible
❌ Volume sharply lower (-55%) → confirmation required
❌ Risk/Reward under 1 → gains limited unless extended target hits
🔔 Trigger Alert: Watch for strong buying above $0.2872 to confirm breakout and momentum continuation.