Looking at the WCT/USDT chart on Binance (2h timeframe), here's a quick analysis for spot trading:

Chart Highlights:

Current Price: 0.3960 USDT

24h High: 0.6537

24h Low: 0.2762

Recent Low Before Surge: 0.2000

Sharp Uptrend: From ~0.20 to 0.65, followed by a correction.

MA(7) is currently above the price, suggesting short-term bearish movement.

Suggested Spot Trading Strategy (Short-term):

Buy Zone:

0.30 – 0.34 USDT

This is near the short-term support zone.

RSI is not shown, but volume is decreasing after a high — often indicating a cooldown.

Sell/Target Zone:

0.45 – 0.50 USDT

This is a reasonable target below the recent high of 0.6537.

Safer exit before strong resistance zone.

Optional Stop-Loss:

0.28 USDT

Below the last key support level of 0.30.

Risk Note:

This coin is showing high volatility (over 100% range within 24h), so enter with small position size if uncertain.

Monitor BTC and overall market sentiment alongside.