Since the transaction began on $WCT , it has performed quite well, repeatedly setting new highs and showing a remarkable upward trend. After a pullback, it surged again with an increase of more than 100%.
The current price is in the pressure zone, so caution is advised for long positions. It is best to wait for the price to pull back to the trend line around $0.58 before entering a long position.
Action Plan:
1. Open a light short position at the current price, with a stop loss at $0.70.
2. Continue to wait for the price to pull back to $0.58 to enter a long position, with a stop loss at $0.56.