Since listing on Binance, WCT has experienced surges and sharp declines, currently stabilizing in the range of $0.29~$0.33. This high volatility and clear range is precisely the rhythm favored by short-term traders.
📉 Resistance above: $0.33~$0.35
📈 Support below: $0.28~$0.29
For short-term operations, it is recommended to adopt range arbitrage logic: 'Buy low and sell high, quick in and out'. If the price drops near $0.29, you can build positions in batches and reduce positions near $0.33, keeping the stop-loss line below $0.275.
Based on the average trading volume over the past three days, WCT still has a trading amount of $500,000 to $1,000,000 per hour, with ample liquidity and low slippage, making it very suitable for small capital high-frequency swing trading.
⚠️ Note: Although WCT has good fundamentals, it is still affected by short-term selling and arbitrage, it is recommended not to hold large positions, take profits frequently, and flexibility in operations is key.