The Web3 Creator Token ($WCT ) has been showing signs of strength — but is the rally sustainable?
Let’s dive into today’s technical analysis, key indicators, and a trade setup for both long and short positions.
🧠 Quick Fundamentals Recap
$WCT powers the decentralized creator economy and is gaining traction thanks to the current Write to Earn campaign. As more creators use it, more liquidity and volume are flowing in.
But what does the chart say?
📈 WCT/USDT – Daily Chart Overview
(Based on data as of May 23, 2025 – please confirm with live chart on Binance)
Price: $0.162
24h Range: $0.148 – $0.162
24h Volume: +42% surge
RSI (14): 63 → leaning toward overbought
MACD: Bullish crossover confirmed
EMA 20/50: Price above both = short-term bullish
Key Levels:
Resistance: $0.170 (major) / $0.185 (breakout zone)
Support: $0.152 / $0.140 (strong daily base)
📊 Trading Strategy for Today (May 23)
✅Long Setup (Bullish Bias)
Entry: $0.158 – $0.162
Target 1: $0.170
Target 2: $0.182
Stop Loss: $0.151
Risk/Reward: ~1:2+
Justification: Momentum is still strong. MACD and volume suggest bulls are in control, and RSI hasn’t hit extreme levels yet. A clean break above $0.170 could trigger a mini breakout.
❌ Short Setup (If Rejection Confirmed)
Entry: $0.170 rejection candle (wait for confirmation)
Target 1: $0.15
Target 2: $0.148
Stop Loss: $0.174
Risk/Reward: ~1:1.8
Justification: If $0.170 fails again, RSI could diverge, and price may retrace to the mid-$0.150s range. Look for a fakeout pattern and declining volume on the attempt.
Pro Tip for Creators
Don’t forget — any trades triggered from this post could earn you up to 100% fee commissions in voucher rewards, if you’re part of the Write to Earn program.
So whether you’re trading or writing, could be your best move today.
🔁 Like | 💬 Comment your strategy | 🔔 Follow [A Little Fish] for daily trades, token trends, and honest market insights. #WriteToEarn
