$WCT
WCT is currently priced around $0.381, trading within a narrow daily range between $0.377 and $0.392. The daily candlestick pattern suggests a consolidation phase, with price stabilizing between $0.35 and $0.40, a possible sign of accumulation by buyers. Immediate support lies near $0.40, with stronger footing around $0.35 if selling pressure intensifies.
Should WCT push higher, previous support may form again near $0.55–$0.58. Short-term resistance appears around $0.45, followed by $0.50.
Higher resistance zones are seen near $0.69, $0.94, and the historical high around $1.21.
The current structure resembles a rising wedge, often a pre-breakout pattern if accompanied by strong volume. RSI and MACD both lean bullish without signaling overbought conditions, which supports the potential for upward continuation.
Watch for price action near $0.42–$0.43.
A confirmed breakout above $0.45 could lead to a run toward $0.50–$0.55.
As long as WCT remains above the $0.40 mark, the bullish setup holds. A breakout over $0.45 may spark further gains. However, a drop below $0.35 would weaken the current outlook.