โ ๏ธ WCT/USDT Price Action: Bounce or Breakdown?
WCT just closed at $0.4060, slightly down -1.00%, after a rough 30-day slide of -18.46% ๐
But hereโs what stands out:
๐ Key Observations:
๐ก EMA(7) = 0.4302 | EMA(25) = 0.5243
WCT is still trading below both EMAs, signaling continued downtrend pressure.
๐ RSI(6) = 35.19 โ Approaching oversold territory ๐
Could a short-term bounce be brewing?
๐ฏ๏ธ Daily high = 0.4111, low = 0.3677
Volatility is picking up โ traders are watching closely.
๐ Volume (24h):
โข WCT: 44.55M
โข USDT: 17.33M
Interest is still alive, but momentum has cooled off.
๐ง Market Sentiment:
โ Buyers: 48.52%
โ Sellers: 51.48%
The market remains divided, leaning slightly bearish.
โ๏ธ TL;DR:
WCT is in a corrective phase, testing lower levels after peaking at $1.3941.
Watch for RSI reversal or EMA crossover to signal a potential recovery.
Not financial advice. Always DYOR.
What ks your thoughts ๐ญ? Write ๐ in comments.
