$WCT

Updated Technical Overview:

Current Price: $0.3087

24h Drop: -21.03%

Previous High: $0.4830

Support Tested: $0.25

Volume: Spiked recently but now declining, suggesting early panic or exit after a pump.

Indicators:

MACD:

MACD: -0.0175, DIF: -0.0139, DEA: 0.0035

The MACD histogram is deep in the negative, and the lines have made a bearish crossover — indicating strong selling pressure.

RSI:

RSI(6): 10.02 — Extremely Oversold

RSI(12): 24.21

RSI(24): 38.17

This suggests the asset is very oversold in the short term. A bounce could occur soon, but not guaranteed.

Market Sentiment:

Long: 51.03%

Short: 48.97%

Almost 50/50 — market is uncertain and waiting for confirmation.

Short-Term Price Prediction:

Immediate Support: $0.29

Immediate Resistance: $0.36 – $0.38

Likely Movement (next 24–48h):

If $0.30 holds, a bounce to $0.34–$0.36 is possible (due to oversold RSI).

If it breaks below $0.30 with volume, it could retest $0.25–$0.26.

Trading Suggestion:

High Risk Zone – Only consider small entries if you're experienced, and wait for RSI(6) to curve back up.

Safer Buy: Near $0.25 with signs of reversal (bullish engulfing, increasing volume, RSI recovery).

entry

0.29 $

target

0.34$

0.42$

0.50$