📈 WCT/USDT Technical Signal – Strong Bullish Momentum Ahead?
WCT/USDT is showing clear bullish strength with a sharp rally to $1.0599, marking a 14.08% gain in the last 24 hours. The price surged past the upper Bollinger Band (UP: 0.9530), confirming a strong breakout from its previous range. This move signals not only buying pressure but also market confidence.
The Relative Strength Index (RSI) is currently at 89.36, indicating overbought conditions. While this usually hints at a possible pullback, in strong trends like this, RSI can stay overbought for extended periods as momentum builds.
The MACD (DIF: 0.1203, DEA: 0.0767) is positive and rising, with a growing histogram, reinforcing bullish momentum. Additionally, the KDJ indicator (K: 79.78, D: 69.13, J: 101.09) shows a sharp upward crossover, which typically precedes further upward price movement.
The volume is also supportive, with 24H volumes exceeding 82.91M WCT and 80.25M USDT, indicating real interest and participation from traders. Importantly, the price broke out from previous consolidation zones near $0.62 and $0.78, which now act as strong support levels.
🔎 Key levels to watch:
Resistance: $1.0798 (24H High), and if broken, the next psychological level is $1.10
Support: $0.9530 (Upper Bollinger Band) and $0.78 (previous resistance-turned-support)
🚨 Signal Summary:
Bias: Bullish
Entry Zone: Current price action still favorable for momentum traders
Caution: RSI overbought – watch for exhaustion or a healthy pullback
👉 Keep an eye on volume and breakout confirmations above $1.10. If momentum holds, WCT could enter a new price discovery phase.
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