Based on the analysis of current market data for the WCT/USDT pair, here is the strategic recommendation:
Recommendation: Sell (SELL)
Fundamental Reason:
Short-term bearish trend (price at 0.4267, decrease -1.41%).
Negative MACD indicator (DIF: -0.0023, DEA: 0.0010, MACD: -0.0033) indicates increasing selling pressure.
Current trading volume (882K) is below the 10-day moving average (1.16M), indicating weak demand.
Price is below the immediate resistance level (0.4314).
Entry and Exit Points
Item Value Interpretation
Entry 0.4265 - 0.4270 Sell at the current price or a slight bounce peak
First Target (TP1) 0.4210 Nearby support (critical level 0.4217)
Second Target (TP2) 0.4180 Strong support (daily low)
Stop Loss (SL) 0.4320 Above daily resistance (0.4314)
Please enter from here $WCT
Trade Management
Duration: The trade is valid for 60 minutes only (until 13:42 UTC).
Risk/Reward Ratio (R:R): 1:2 (acceptable).
Immediate exit if:
Price rises above 0.4300 (reversal signal).
MACD indicator suddenly improves (DIF > DEA).
Overall Context
Main support: 0.4180 (if broken, may target 0.4100).
Main resistance: 0.4314.
Risks: Decreased liquidity (trading volume below average), which may increase volatility.
> Quick execution required – price movement may accelerate with continued selling pressure. Monitor live indicators.