$WCT
#WCT today -1.12% losers .
✅1hours chart technical analysis 📉
✅Current price ,0.4059|24h high 0.4120| 24 hours low , 0.3677.
📌MA(7):0.3859|MA(25):0.3942|MA(99):0.4189.
📌RSI(6):78.1867.
RSI at 78.1867 indicates overbought conditions, suggesting a potential price correction.
✅A 1-hour chart with MA(7) (0.3859) below MA(25) (0.3942) and MA(99) (0.4189) strongly indicates a bearish trend. This "death cross" configuration, where shorter-term averages fall below longer-term ones, suggests the price is experiencing sustained downward pressure in the near term.
In the 1-hour timeframe, the MA(7) (0.3859) being below both MA(25) (0.3942) and MA(99) (0.4189) indicates a strong bearish signal. This "death cross" type formation, where shorter-term averages fall below longer-term ones, suggests continued downward price momentum.