WCT is now trading at $0.3623, up +4.41% on the day and showing impressive momentum as it inches closer to the key resistance of $0.3707. After days of gradual consolidation between $0.3340 and $0.35, bulls have taken control, pushing the price to its highest levels in the past 24 hours.
The recent breakout comes after a strong bounce from the $0.3420 low, confirming bullish interest at that level.
📊 Momentum Indicators Look Strong
RSI (6) is at 71.46, indicating strong momentum and nearing overbought territory — but bulls are still clearly in charge.
MACD is slightly bullish, with both DIF and DEA trending upward.
Stochastic K/D values at 82.20/76.47 confirm continued buying pressure, with a potential for more upside.
📈 Key Levels to Watch:
Resistance: $0.3707 (24h High), then $0.3892
Support: $0.3420 (24h Low), then $0.334
🎯 Trade Setup:
Buy Zone: $0.3530 – $0.3620
Stop Loss: Below $0.3420
Target 1: $0.3700
Target 2: $0.3890+
🔥 My Take:
WCT is showing clear signs of bullish continuation. If price holds above $0.3530, the breakout scenario strengthens. A confirmed close above $0.3707 could open the door to a run toward $0.3890 and beyond. However, with RSI nearing overbought levels, some short-term consolidation may occur — use tight stop-losses to manage risk.
Stay sharp. This could be WCT’s next major leg up.