$WCT

📊 Overview

Current price: approximately $0.3928.

Upper Bollinger Band: approximately $0.4258.

Lower Bollinger Band: approximately $0.3880.

Moving Average (SMA 20): approximately $0.4069.

Relative Strength Index (RSI): approximately 49.28, indicating neutral momentum.

This data suggests that the current price is approaching the lower range, which may indicate a potential buying opportunity, especially if other reversal signals appear.

✅ Potential Buying Opportunity:

Scenario: If the price drops towards the lower range ($0.3880) and reversal candles or other support indicators appear.

Technical Support: Lower range of the Bollinger Bands.

⚠️ Warning Signals ⚠️

Scenario: If the price continues to breach the upper range in overbought territory, there may be a potential for price correction.

Technical Resistance: Upper range of the Bollinger Bands.

📈 Future Predictions

Short-term (April - May 2025): The price is expected to range between $0.38 and **$0.42**, with a potential return of up to 8%.

Medium-term (May - July 2025): The price may reach $0.45, with continued upward momentum if current resistance levels are breached.

📝 Technical Recommendations

Combine Indicators: Using additional indicators like MACD or RSI can provide more accurate signals.

Risk Management: Set stop-loss and take-profit levels based on the mentioned support and resistance levels.