$WCT
(WCT) is priced around $0.456, marking a 7% drop within the last 24 hours. This decline follows a sharp retreat from its recent peak of $1.34, which it reached on May 31, 2025.
A look at the candlestick chart reveals that WCT recently experienced a surge in buying momentum, as shown by a large bullish (green) candle. However, this was quickly followed by a bearish (red) candle, suggesting either market correction or profit-taking. The smaller candles that came next indicate indecision among traders, hinting at a period of consolidation.
From a technical standpoint, the overall sentiment has turned slightly bearish. Indicators like moving averages are leaning toward caution. The Relative Strength Index (RSI) currently stands at 42.63, placing WCT in neutral territory, not clearly overbought or oversold.
Given the recent volatility and the current market signals, investors should tread carefully. Watching for either a clear reversal or further dips in price could offer better insights before making any trading decisions.