$WCT /USDC BULLISH CONTINUATION SETUP
Market Structure:
Price is holding above the Supertrend (10,3), confirming a broader bullish bias. After a strong impulsive move toward the 0.0969–0.0984 supply zone, the chart shows a healthy pullback, indicating profit booking rather than trend reversal. Higher lows remain intact, keeping buyers in control.
Trend & Momentum:
Supertrend support is respected, signaling trend continuation.
EMA and MA structure suggests sustained upside pressure.
Volatility expansion followed by consolidation hints at the next leg move.
Trade Plan – LONG SETUP:
Entry Zone: 0.0850 – 0.0890
Targets:
TP1: 0.0969
TP2: 0.1025
TP3: 0.1080
Stop Loss: 0.0790 (below key MA and structure support)
Invalidation:
A decisive breakdown below the stop-loss zone would negate the bullish structure and shift momentum to sellers.
Risk Management:
Risk only a small portion of capital per trade, trail stop after TP1, and avoid overleveraging in volatile conditions.
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