#CEXvsDEX101🔥 ⚖️ #CEXvsDEX101: What’s the Difference? ⚖️ 🏛️ CEX (Centralized Exchange) — e.g., Binance ✅ User-friendly interface ✅ High liquidity & fast trades ✅ Customer support ⚠️ Requires KYC ⚠️ You don’t control your keys ("Not your keys, not your crypto") 🌐 DEX (Decentralized Exchange) — e.g., Uniswap, PancakeSwap ✅ No middleman ✅ You control your private keys ✅ Usually no KYC ⚠️ Slower trades & higher fees on some chains ⚠️ Lower liquidity on rare tokens 🔑 Key Insight: CEX = Convenience & speed DEX = Privacy & control 🧠 Pro Tip: Use CEXs for ease, DEXs for DeFi access. Many smart traders use both, depending on the situation.
$WCT /USDT Market Update – Bullish Momentum Detected (Based on 4H Chart Data) $WCT is currently experiencing a strong bullish trend in the 4-hour timeframe, with the latest price sitting at $1.1455, reflecting a 24.95% gain in the last 24 hours. 🔍 Technical Analysis (4H Chart): Price Action: 24H Low: $0.9066 24H High: $1.1840 Current Price: $1.1455 (near the day’s high, indicating strength) Breakout Zone: The breakout above previous resistance around $0.86–$0.90 has been confirmed with strong volume. Moving Averages (MA): MA(7): 1.0111 MA(25): 0.8234 MA(99): 0.6326 The current price is trading well above all MAs, showing a clear uptrend. Volume: 24H Vol(WCT): 984.77M 24H Vol(USDT): 1.01B Recent bullish candles are supported by increasing volume, confirming genuine buying interest. --- 📈 Spot Trading Setup: Long Setup: Entry: On small pullbacks near $1.08–$1.10 Target: $1.20 (then $1.25 if momentum continues) Stop-Loss: $1.00 (below MA-7 for short-term invalidation) Short Setup (Risky): Only if price fails to break $1.18–$1.20 again and volume weakens Entry: Below $1.12 (confirmation of weakness) Target: $1.00–$0.95 Stop-Loss: $1.185 --- 🔁 Futures Trading Setup (Leverage-based): Long (High Conviction): Entry: $1.10–$1.12 range Target 1: $1.20 Target 2: $1.25+ Leverage Suggestion: 3x–5x max for controlled risk Stop-Loss: Below $1.00 Short (Only on strong rejection): Entry: After visible rejection at $1.18+ zone Target: $1.05 then $0.95 Leverage: 3x Stop-Loss: $1.20 🧭 Summary: The current trend for WCT is clearly bullish with high momentum, volume confirmation, and technical breakout. Price has already rallied significantly, so caution on late long entries is advised. However, a minor pullback could provide a good long opportunity both in spot and futures. Shorts should only be considered after visible weakness or failed attempts to break above $1.18 again. Use tight risk management for any futures position #TradingTypes101 #BinanceAlphaAlert