š $WCT /USDT ā @WalletConnect Bullish Breakout on the Horizon! š„
$WCT is showing early signs of a strong bullish breakout
after a clean bounce from its base support.
Price action is tightening near key resistance, and momentum indicators are tilting in favor of the bulls. A breakout could be imminent as buyers reclaim control.
š Market Sentiment:
Momentum is shifting. The price is compressing under a key resistance zone, forming higher lows ā a classic pre-breakout structure.
Bullish volume is increasing, and traders are positioning early in anticipation of a move above the neckline. Sentiment is leaning bullish with strength building across major timeframes.
š Key Technical Levels:
Breakout Resistance: $0.234
Immediate Support: $0.218
Major Support Zone: $0.210
šÆ Trade Setup (Breakout Confirmation):
Entry Zone: $0.225 ā $0.229 (after confirmation above resistance)
Stop Loss: $0.209 (beneath structure and key support)
Take-Profit Targets:
š„ TP1: $0.245
š„ TP2: $0.262
š TP3: $0.285
āļø Setup Notes:
Watch for a strong candle close above $0.234 with volume.
Retests of $0.225ā$0.218 can provide high-RR entries if support holds.
Ideal for breakout and trend-continuation strategies.
š„ Summary:
WCT is preparing for a potential move that could spark serious upside. The structure is clean, sentiment is warming up, and all eyes are on a breakout above $0.234.
If the bulls break through ā expect acceleration.
Stay sharp. This breakout could turn fast. ā”