WCT/USDT 1-Hour Analysis (As of June 5, 2025 – 4:55 PM)
Technical Overview:
Current Price: $0.4493 (↓ -8.27% since yesterday’s post)
Yesterday’s Price: $0.4898
24h High / Low: $0.4553 / $0.4426
Key Moving Averages:
MA(7): 0.4625 (above current price – short-term resistance)
MA(25): 0.4771 (downtrend still active)
MA(99): 0.5242 (long-term bear zone)
Volume:
Slight increase in red candles again—sellers still in control
Price Action:
Lower highs and lower lows continuing (same bearish pattern)
Price dropped below psychological $0.45 level
Compared to June 4, 2025:
Price fell ~8% lower
MA(7) has shifted further down → bearish continuation
Volume remains high on sell candles, showing panic or forceful exits
$0.4880 support (from yesterday) is now resistance
Trade Setup:
Bias: Bearish but watchful
Short-Term Strategy: If price bounces near $0.4620 (MA7), it may give a shorting chance
Stop-loss: Above MA25 at $0.48
Target: $0.44 → $0.42 range
Reversal Watch: If volume turns green & price reclaims $0.4620 with strength, small scalp longs possible
Conclusion:
WCT is sliding deeper—now at $0.4493, a sharp drop from yesterday's $0.4898. Traders are spooked, and the charts show why. 📉
🟣 All moving averages (MA7, 25, 99) are stacked in a bearish pattern
🔻 Price broke below $0.45, a key psychological level
🔴 Selling pressure is still heavy
But here’s the twist...
Some volume spikes suggest buyers might be sneaking in. Could a bounce be loading?
Trade Tip:
Watch $0.4620—if WCT touches and fails → short the rejection
If bulls reclaim $0.4620 with volume → a quick long scalp is on the table
Don’t trade blind—set clear stops and react fast. This is where disciplined traders win.
I'm tracking every candle. Drop a 🧠 if you want tomorrow’s update again!
Future Prediction:
If the current downtrend structure remains, we may see WCT drift toward the $0.42–$0.40 zone in the next 48–72 hours, especially if volume stays red and resistance near MA(7) holds.
However, if buyers step in and flip $0.4620 into support, WCT could attempt a recovery leg toward $0.4750–$0.48.
The next 2–3 candles (hours) will be critical in determining if this is just another dip—or a potential base for a reversal.