#wct has rallied sharply on the 4h chart (driven by recent news), but technicals warn of a short-term pullback. Notably the 4h RSI was above 80, signaling overbought conditions, and price has run far above the 7-period EMA (~$1.14). We expect a retrace toward support near the $1.10 area (the short-term EMA zone and a round number). This roughly aligns with major support around $1.00–$1.10. On the 1h chart, a dip into this support zone followed by a bounce would offer a high-probability long entry.

Technical Setup: $WCT

is in a strong uptrend on 4h/1h, but recent candles show slowing momentum. The 4h RSI is extreme and volume has faded, so a pullback is likely. We’ll look to “buy the dip” into support (around $1.05–$1.10).

Entry: Enter long near $1.05 (on a bounce from ~$1.00–$1.10 support). This is just above the key psychological/MA support ($1.00).

Stop Loss: Place a stop just below support, around $1.00. This caps risk at ~5% of the $100 account (≈$5). A break below $1.00 would invalidate the bullish view.

Take Profit: We target at least 2:1 reward. TP1 ≈ $1.15 (just above the recent 24h high of ~$1.14) and TP2 ≈ $1.20 (extended move). These targets are below the key $1.27 resistance (the recent all-time high) but capture a strong portion of the upside.

Rationale: We are betting that support holds and the uptrend resumes. The pullback to ~1.05–1.10 aligns with short-term moving-average support and a round number. If price then rallies, a move to $1.15+ would give a ~2:1 return, with a deeper move to $1.20 offering ~3:1 (relative to our $0.05 risk). This fits a clear risk-reward (>2x) while respecting the latest price action.

Entry Stop Loss Take Profit 1 Take Profit 2 Risk‑Reward

~$1.05 ~$1.00 (~5%) ~$1.15 ~$1.20 2:1 (TP1), 3:1 (TP2)

Note: This plan assumes #WCT holds near $1.00–$1.10 support on the 1h pullback. If support breaks, the trade should be stopped out. Likewise, if price gains strength and breaks above $1.27 (the prior high), further targets would open up, but we take profits at conservative levels for a 1–2h scalp.