Instant trading recommendation on WCT valid for one hour only (1H) based on current technical data:
Current Situation
WCT is moving near 0.418 USDT after a slight decline (~–0.09%) today, trading within a downward channel on the short time frame, with trading below the 50 moving average and signs of selling weakness, while the RSI indicator (34–39) approaches the oversold area.
✅ Bullish Scenario (Main trade for this recommendation – Quick scalp)
Entry (Buy) on a clear breakout above 0.4190 USDT with notable trading volume according to the recommendation from Binance.
Target at 0.4320 USDT — the next expected resistance level according to technical analysis.
Stop loss at 0.4115 USDT to protect capital if the price drops again.
Risk to reward: Target profit (–2%) gives a R:R ratio of approximately 1.5:1.
⚠️ Notes and Warnings
Do not commit to entering if the price remains confined between 0.4080 and 0.4150, as the expected scenario is still within the trading range without a strong signal.
If the price bounces down from the resistance range (0.4150–0.4170), a short selling opportunity may arise targeting a drop to 0.4050 or 0.3985.
Quick performance in the first hour is the goal of the recommendation, so it is important to adhere to the trade timeframe.
🕔 Trade Execution
Action Point (USDT)
Entry 0.4190
Stop Loss 0.4115
Target 0.4320
This recommendation expires one hour after activation or upon reaching one of the points (target/stop).