🔍 Current Market Snapshot

  • Current Price: 1.2526 USDT

  • 24h Change: +31.23%

  • 24h High: 1.3050 USDT

  • 24h Low: 0.9433 USDT

  • Volume:

    • WCT: 126.07M

    • USDT: 141.65M



📊 Chart Analysis (15-Minute Interval)

✅ Bullish Indicators

  1. Price Above MA Lines:

    • The current price is above the short-term moving averages (MA7 in yellow and MA25 in pink), showing upward momentum.

    • The candles broke past the resistance of 1.20 and even touched 1.3050, indicating strong bullish pressure.


    Strong Volume Spike:

    • There’s a significant increase in buy volume, especially around the recent breakout candle. This supports the rally.

    Higher Highs & Higher Lows:

    • The trend shows a pattern of higher highs and higher lows—classic signs of an uptrend.


⚠️ Bearish Risks / Reversal Signs

  1. Resistance at 1.3050:

    • Price hit resistance and pulled back slightly, indicating this level might be a short-term top.

    Slight Doji Formation:

    • The current candle at the top shows a small body, signaling indecision. If the next few candles turn red, a pullback might occur.


📈 Short-Term Prediction (Next 1–4 Hours)

  • Scenario A: Bullish Continuation

    • If price breaks above 1.3050 with volume, it could target 1.35 to 1.40 USDT quickly.

    • Ideal for scalping or short-term breakout trades.

    Scenario B: Minor Pullback Before Continuation

    • If unable to break 1.3050, the price may retest support at 1.20 – 1.22 USDT, consolidate, then bounce again.

  • Scenario C: Reversal Risk

    • If price falls below 1.15, this may signal a trend reversal or deeper correction to 1.05 – 1.10 range.

🧠 Suggested Strategy

  • Buy on Breakout above 1.3050 with stop-loss at 1.22

  • Wait for Retest at 1.20 for potential re-entry

  • Set Take Profit Zones: 1.35, 1.40, 1.50


$WCT

#WriteToEarnWCT #MarketPullback