Today's WCT Daily Report

Core Data Overview

- Latest Price: $0.3215, 24-hour increase +1.13%

- 24H Highest Price: $0.3440, current price down -6.5% from peak

- 24H Lowest Price: $0.3163, current price support strength under verification

- 24H Trading Volume: 29.2857 million WCT, trading activity moderate

- 24H Transaction Amount: $9.6336 million USDT, liquidity shrank by 50% compared to previous day ($19.42 million)

Technical Key Signals

1. Moving Average System (MA)

- MA(7): $0.3241, current price ($0.3215) below 7-day moving average, short-term under pressure

- MA(25): $0.3256, mid-term resistance level, breakthrough requires volume support

- MA(99): $0.3136, long-term support level, a drop below may accelerate downward movement

2. Multi-Period Performance

- Today: +1.23%, oversold rebound

- 7 Days: -8.29%, downward trend continues

- 30 Days: -70.20%, deep bear market

3. Order Distribution

- Buy orders account for 56.44%, limit orders concentrated at $0.3212–0.3213 (support testing)

- Sell orders account for 43.56%, recent sell orders only -0.0001 away from current price ($0.3212), upward selling pressure is light

Short-Term Trend Judgment

1. Bull-Bear Game Focus

- Key Support: $0.3163 (24H lowest) and MA99 ($0.3136), if broken, look down to psychological level of $0.30.

- Key Resistance: $0.3241 (MA7) → $0.3256 (MA25) → $0.3440 (24H high), breakthrough requires increased transaction volume.

2. Volume Warning:

- 24H transaction amount ($9.63 million) halved compared to previous day, rebound momentum insufficient, beware of false breakthroughs.

- Vol(5) > Vol(10) (1.037 million > 986,000), indicates short-term buying slightly dominant but sustainability in doubt.

Risk Warning

- 30-day drop of 70% reflects weak market confidence, any negative news (like large sell-offs) may trigger panic selling.

- Binance spot depth shows thin sell order accumulation ($0.3213 only 2,993 coins), easily manipulated in the short term, but beware of false bullish traps.

Summary

Currently, WCT is in an oversold weak rebound stage ($0.3215, +1.13%), technical MA99 ($0.3136) is the lifeline, while upper MA7/MA25 forms dual resistance.

- Bullish Signal: Buy orders account for 56.44%, MA99 support unbroken.

- Bearish Risk: Transaction amount shrank by 50%, 30-day decline of 70.2% difficult to recover.

Advice: For the short term, operate within the range of $0.3136–$0.3256, follow the trend for any breakthrough in either direction, position ≤ 5% and strict stop-loss.