Here's a short-term intraday trade setup for $WCT /USDT based on the 15m–1h timeframe:
WCT/USDT – Intraday Trade Setup (May 1, 2025)
Current Price: ~$0.3963
MA60: $0.3939 (support zone)
24h Range: Low $0.3682 | High $0.4007
Trend: Recent pullback from high, potentially finding support near MA60
Setup Options
1. Bounce Trade off MA60 Support
Entry: $0.3930 – $0.3960
Target: $0.3990 – $0.4050
Stop Loss: $0.3870
Rationale: MA60 is acting as support, potential for a bounce toward recent highs
2. Breakout Continuation (Above $0.40)
Entry: $0.4010+ with volume confirmation
Target: $0.405 – $0.42
Stop Loss: $0.396
Rationale: Break above $0.40 could lead to further upside with confirmation from volume
Indicators to Monitor
Volume: Watch for volume >2M to confirm price moves
RSI: If RSI drops below 40 and recovers, it could be a good buying signal
Moving Averages: MA(5) > MA(10) for a short-term bullish outlook
Would you like me to track the RSI or other technical indicators for this pair?
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