$WCT /USDT โ Technical Analysis & Trade Setup ๐ฅ
4H Chart Review | Binance
๐ฅ Current Price: $1.25 (+9.43%)
๐ 24H High: $1.29 | Low: $0.98
๐ Recent High: $1.3928
๐ Technical Breakdown:
โ Strong Uptrend โ Clear breakout from consolidation with a parabolic rally
โ MA Support โ Price bouncing from 25 MA ($1.01), holding above 7 MA ($1.12)
โ Volume Surge โ Bullish volume spike confirms buying pressure
โ Healthy Pullback โ After hitting $1.39, it corrected to 25 MA and bounced โ bullish signal
โ MACD & RSI โ Likely cooling off from overbought zone; potential for next leg up
๐ Trade Setup:
๐น Entry Zone: $1.18โ$1.25 (on dips or break/retest)
๐น Target 1: $1.39
๐น Target 2: $1.45+ (new highs possible if volume sustains)
๐น Stop Loss: Below $0.98 (key support & 25 MA zone)
๐ Bias: Bullish
๐ Watching for bullish continuation after consolidation breakout. Ideal for trend-followers.
#Crypto #Binance #WCT #TechnicalAnalysis
