WCT Analysis - May 28, 2025
WCT is trading at $0.9421, showing strong growth of 32.5% in 24 hours with a range between $0.7115 and $0.9784 (new all-time high). The volume reached $146.86M, a record for liquidity. The momentum comes from breaking the resistance at $0.85, an 18% increase in institutional directions, liquidation of $6.3M in short positions, and the recent listing on Coinbase Prime. Key levels include support at $0.9110 (23.6% Fibonacci retracement), resistance at $0.9784 (target $1.02 if broken), and strong support at $0.85. The strategy suggests entries between $0.9280-$0.9110 with targets at $0.9650, $0.9880, and $1.0250, using $0.8990 as protection.
The main risks are profit-taking (47% of holders with +50% profits) and possible institutional sale of 8M WCT at $0.95 (rumor). Likely scenarios: consolidation at $0.92-$0.97 (55%), breakout to $1.05 with good volume (30%), or correction to $0.85 if support is lost (15%). Indicators show RSI at 82 (overbought but with momentum), healthy volume (70% spot/30% derivatives), and a buy wall of 2.4M WCT at $0.9350. The token maintains an upward trend, but its evolution will depend on holding supports, maintaining volume, and institutional flow.
