Looking at your 1-hour chart for WCTUSDT, here's a quick technical read:

Key Observations:

Price Action:

The price surged strongly to $0.5606, forming a large bullish candle.

It's near a recent resistance level around $0.5648–$0.5700 (previous high).

RSI (6):

RSI is at 69.52, just under the overbought threshold (70).

This suggests bullish momentum, but also that it's close to being overbought.

Volume:

Significant move likely had increased volume (though it's not visible here, it usually accompanies such candles).

The move could be a breakout attempt or a liquidity grab near resistance.

Market Sentiment:

Order book shows slightly more selling pressure: 53.56% sell vs. 46.44% buy.

What to Do?

🔼 Go Long if:

Next 1–2 candles close above $0.5650 with strength (confirming a breakout).

RSI remains under 75 and price establishes support above breakout level.

Volume continues rising on green candles.

🔽 Go Short if:

Price fails to break $0.5650–$0.5700 convincingly and forms a rejection wick.

RSI crosses 70 and starts to diverge down while price stalls or drops.

A red candle closes below $0.5500 — sign of a bull trap.

✅ Suggestion (Current Snapshot):

Wait a bit — don’t jump in immediately.

Watch the next 1–2 candles: If it gets rejected from this level, consider a short.

If it breaks and holds above $0.5650, then consider a long.