WCT/USDT Trade Setup – Bullish Momentum
Current Price: $1.3155
24h Change: +26.14%
24h High / Low: $1.3941 / $1.0224
Volume (24h): 125.53M WCT | 146.15M USDT
Chart Timeframe: 1H
Trade Plan:
Long Setup (Momentum Play):
Entry: $1.32–$1.34 (on confirmation of continuation or breakout above $1.35)
Target 1: $1.39 (previous high)
Target 2: $1.50 (psychological and technical extension)
Stop-Loss: $1.22 (below recent consolidation area/support zone)
Alternative Pullback Entry (Safer Risk/Reward):
Entry: $1.20–$1.22 (if price pulls back to support)
Target: $1.30–$1.39
Stop-Loss: $1.10
Risk Management Notes:
Avoid chasing if volume drops and price stalls near highs.
Watch for reversal candlesticks (long wicks, bearish engulfing) on lower timeframes.
Secure partial profits near resistance zones, especially if RSI approaches overbought levels.