Here’s a quick technical overview of $WCT /USDT Perpetual based on your data:
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Price Overview
Last Price: $0.3928
Mark Price: $0.3928
24h Change: –15.24%
24h High / Low:
High: $0.4774
Low: $0.3600
Volume (24h):
WCT: 3.13B
USDT: $1.28B
Price is currently near the 24h low and well off the high, showing significant bearish pressure.
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Moving Averages
MA(7): $0.3883
MA(25): $0.3996
MA(99): $0.4085
Interpretation:
Price is just above the 7-day MA, but still trading below MA(25) and MA(99), which suggests short-to-midterm downtrend continuation unless a breakout occurs.
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Volume Snapshot
Vol (current): 499,647
MA(5): 15M
MA(10): 19.8M
The current candle’s volume is low compared to recent averages, suggesting weak buy-side momentum for now.
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Key Levels
Resistance Zones:
$0.3996 (MA25) – short-term resistance
$0.4085 (MA99) – medium resistance
$0.4367–$0.4597 – zone of previous price congestion
Support Zones:
$0.3883 (MA7) – immediate minor support
$0.3731 – near-term support
$0.3600 – 24h low and key psychological level
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Targets:
TP1: $0.3600 (24h low)
TP2: ~$0.345–0.350 if breakdown continues
Stop-Loss: Above $0.400 (MA25)
2. Reversal / Long Bounce Play
Trigger: Hold above $0.3883 and break above $0.400 (MA25) with volume
Targets:
TP1: $0.408–$0.410 (MA99)
TP2: $0.436–$0.459 (previous rejection levels)
Stop-Loss: Below $0.373
3. Range Scalping
Buy: Near $0.373–$0.388
Sell: Near $0.399–$0.408
Use tight stops in case of breakdown
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Bias Summary
Short-Term: Bearish
Mid-Term: Neutral-to-bearish unless price reclaims and holds above $0.400
Volume: Weak rebound interest — wait for confirmation before going long
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