Spot Strategy (No Leverage, $10 Capital) $WCT
The 4-hour WCT/USDT chart shows a recent breakout to about $0.59, with the 20-period SMA (Bollinger middle band) sloping upward, indicating bullish momentum. However, price is trading at or just above the upper Bollinger band (~$0.5887), which often signals a short-term overbought condition. In this context, a long (buy) bias is justified by the uptrend, but we must use caution. In practice one might wait for a small pullback toward support (e.g. the middle band near ~$0.52) before buying, to improve the entry price and risk profile. Either way, strict risk management is essential – stop-loss orders should be set below reliable support levels, and take-profit targets placed around known resistance. For example, crypto trading guides note that traders often choose stop-loss and take-profit points using technical support/resistance and a favorable risk-reward. Setting conservative stops is especially important for capital preservation.
$WCT
Take Profit Targets (TP):
TP1: ~$0.62 – a modest ~5% upside, near recent minor resistance.
TP2: ~$0.66 – near the last swing high (0.6588), about 12% gain.
TP3: ~$0.70 – above the prior peak, a more ambitious ~18% upside.
These targets sit at logical resistance zones and roughly follow a ~2:1 reward: risk guideline,
Stop Loss Levels (SL):
SL1: ~$0.58 – just below the latest candle lows (~2% below entry), limiting small pullbacks.
SL2: ~$0.55 – near a short-term support zone (~7% below entry).
SL3: ~$0.52 – around the middle Bollinger band (~12% below entry).
These stops trail progressively tighter, protecting capital if the price reverses. Setting a tight SL (e.g., SL1) is prudent given no leverage, but SL2/SL3 provide backups in case of deeper dips (consistent with using technical supports or % rules,
