$WCT /USDT Technical Analysis (4H Chart)

🔹 Current Price: $1.0545

Change: +18.07% (strong intraday bullish move)

24H Range: $0.8795 – $1.1161

Trend: Strong bullish continuation

🔍 Indicators Analysis

📈 Price Action

New high at $1.1161, with only slight pullback ➜ momentum intact

Structure shows higher highs and higher lows

No signs of exhaustion yet trend continuation likely

📊 MACD

MACD Line (Yellow): 0.0968

Signal Line (Purple): 0.0796

Histogram: Still positive, although slightly flattening

✅ Indicates continued strength but watch for a potential slowdown soon if momentum doesn’t increase

🟩 Volume

Volume spiked heavily on the recent breakout

Healthy follow-up volume bars, no major sell-off ➜ Buyers are in control

📉 Moving Averages

MA(5) > MA(10) ➜ Short-term trend is intact

Both are trending upward, supporting further upside

🧠 Conclusion: BULLISH

All indicators and price structure support the continuation of this bullish trend in the short to medium term.

📌 Trade Signal LONG Setup

🟢 Entry Zone:

$1.03 – $1.06 (ideal re-entry on minor dip or current breakout continuation)

🎯 Targets:

TP1: $1.12 (recent high)

TP2: $1.18 (extension target)

TP3: $1.25 (if momentum remains strong)

🔻 Stop Loss:

$0.975 (below last major support & SAR)

🧱 Risk-to-Reward:

Approx. 1:2.5 R/R

📣 Pro Tips:

Consider partial profit booking at TP1 and TP2.

If volume declines and MACD histogram turns negative, watch for trend exhaustion.

Use DCA entries on minor pullbacks for reduced risk.

Buy And Take Profit $WCT