💡 Quick Technical Analysis:
✅ Dramatic rebound! After the price dropped to $0.3510, WCT saw an astonishing leap to touch $1.3941, which is over 290%! Reflecting exceptional buying interest in record time.
✅ RSI in the reversal zone! The relative strength index is at only 20.21 – this indicates that the currency is in a strong oversold condition, which may pave the way for an upcoming rebound 🔁.
✅ MACD close to a positive crossover! The gap between the MACD line and the signal line has started to narrow, which may indicate a return of buying momentum at any moment.
✅ Huge trading volumes! With over 22.8 million WCT traded in the last 24 hours, there is significant interest that could translate into strong movement ahead.
$WCT
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🚀 Expected Scenario:
📌 If the price manages to break the current resistance around $0.42, we might see a quick return to the $0.75 - $0.98 range, and perhaps a retest of $1.00+!
📉 If selling pressure continues, strong support at $0.35 may present an enticing entry opportunity for speculators.
$WCT
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🔥 Is WCT ready to explode?!
With all this momentum and oversold indicators, the opportunity may be knocking at the door! Are you ready to ride the next wave? 🌊