$WCT /USDT STRUCTURAL SETUP – 4‑HOUR SUPPORT TEST IN PROGRESS
WCT is currently consolidating after a minor pullback. The 4-hour chart shows price testing dynamic support levels, with recent indicators suggesting potential for stabilization or a sideways grind.
Current Market Data (live):
Price: $0.3030 USDT
24‑H Change: +0.86%
24‑H High: $0.3094
24‑H Low: $0.2939
24‑H Volume: ~19.4M USDT
4‑H Chart View:
WCT recently pulled back from the upper Bollinger Band and is now hovering near the mid‑band on the 4‑hour timeframe.
Price continues to test the 50‑period EMA, a key dynamic support level.
Bollinger Bands are narrowing, signaling reduced volatility and potential for a breakout phase.
Volume has declined relative to earlier spikes, indicating calm market conditions before a possible directional move.
Bollinger Bands (20,2):
Upper Band (UP): ~$0.325
Middle Band (MB): ~$0.303
Lower Band (DN): ~$0.282
Volume Overview:
Volume remains moderate after a recent surge, now trending below recent highs — suggests low conviction at current levels.
Key Zones:
Support: $0.300 – $0.303 (mid-band & EMA support)
Resistance: $0.309 – $0.315 (upper volatility range)
A bounce above $0.315 could spark a rally toward $0.325–$0.33. Watch for a breakdown below $0.300, which may lead to deeper pullbacks.
Conclusion:
WCT is consolidating within a narrowing Bollinger band range on the 4‑hour chart. Traders should await a decisive move beyond $0.309 (bullish) or below $0.300 (bearish) to confirm direction. Momentum remains neutral until breakout occurs.
Buy and Trade here on $WCT – DYOR
#SoiderX #DataFocused #NoHypeCrypto #CryptoSavvy