๐ WCT/USDT Technical Analysis & Strategy Update
$WCT is currently trading at 0.3462 USDT, showing +0.90% intraday gain, and hereโs what the charts are telling us:
๐ Technical Insights
๐ข Trend Observation (4H Chart)
Higher Highs & Higher Lows: WCT has been forming a strong bullish structure over the past several sessions.
EMA Crossover:
EMA(7): 0.3446
EMA(25): 0.3410
EMA(99): 0.3327
Price is trading above all major EMAs, signaling momentum strength.
๐ข Daily Chart Overview
WCT is recovering from its long-term downtrend after touching a peak of 1.3941 and correcting all the way down.
EMA(7) and EMA(25) have now flattened and begun to curl upward, hinting at a possible trend reversal.
๐ Volume & OBV
Volume is gradually rising, especially on green candles.
OBV (On-Balance Volume) still negative, but attempting to bottom out โ early accumulation signs.
๐ฐ Order Book Analysis
โ Strong buy walls around 0.34 - 0.33 USDT
๐จ Sellers stacking up above 0.35 - 0.36 USDT, suggesting this zone is key resistance.
๐ Limited liquidity below 0.30 โ if price falls, it could quickly dip.
๐ง Strategy Suggestions
๐ต For Short-Term Traders:
Entry Zone: 0.3410 โ 0.3440 (EMA support)
Target 1: 0.3690
Target 2: 0.4030
Stop Loss: Below 0.3310
Risk/Reward = Attractive due to recent breakout from consolidation.
๐ก For Swing Traders:
Accumulate slowly between 0.33 โ 0.35 USDT
Keep an eye on breakout above 0.37, which may lead to a mid-term push to 0.45+
Consider adding more on dip toward 0.31 support
๐ด Caution:
RSI is not overheated, but volume is still not explosive. Any sudden BTC dump could affect momentum.
Always follow stop loss and avoid emotional buying.
๐ Final Note
WCT is showing the first clear signs of strength after a long downtrend. It is holding structure and gradually climbing, supported by moving averages and market interest.
Thanks for your time and stay disciplined. Remember, in crypto โ patience + plan = profit.
