šµāš«ā WCT/USDT Discovery Trand Analysis.š¤
WCT/USDT is currently consolidating after a sharp rally, trading at $0.4770. The price is forming a symmetrical triangle or bullish pennant on the 2-hour chart, suggesting a potential breakout. It remains above the 200 MA and VWAP, indicating continued bullish bias. Volume has decreased post-pump, aligning with typical consolidation behavior, while OBV remains stable, showing no major distribution. Momentum indicators like RSI (53.83) and MFI (51.36) are neutral but slightly favor buyers. The MACD histogram is narrowing, hinting at a possible momentum shift. ATR is low, reflecting reduced volatility. Key resistance lies around $0.50-$0.52, with support at $0.45 and $0.418. If bulls push past $0.52 with strong volume, continuation is likely. However, a breakdown below $0.45 would invalidate the setup. Overall, WCT is coiling for a possible breakout, and traders should watch closely for confirmation in either direction.