⚠️ Current Condition: • Price dropped sharply from $1.39 to $0.40 • EMA 5/10/30 is still declining, no reversal signal yet. • MACD is still below 0, negative histogram • RSI below 30 → oversold condition • Stoch RSI is flat → no upward momentum yet
🎯 Target Take Profit: • TP 1: $0.50 • TP 2: $0.60 • TP 3 (ambisius): $0.85 if there is a large retrace
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✅ Conclusion:
WCT is currently in the capitulation phase and is trying to form a bottom. There is no confirmation of a reversal yet, but the price is already heavily discounted. The DCA strategy is suitable for traders who are ready to wait patiently for recovery. Suitable for short-to-medium-term spot strategies at Gate. #spothold #SpotTrader
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#WCTUSDT
Spot Trading Analysis WCT/USDT – June 9, 2025 (TF 4 Hours)
• Current Price: $0.4092
• Recently Highest: $1.3968
• Nearest Support: $0.399
• Strong Support: $0.30
• Resistance / TP: $0.50 – $0.60 (initial recovery)
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⚠️ Current Condition:
• Price dropped sharply from $1.39 to $0.40
• EMA 5/10/30 is still declining, no reversal signal yet.
• MACD is still below 0, negative histogram
• RSI below 30 → oversold condition
• Stoch RSI is flat → no upward momentum yet
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💡 DCA Strategy – Capital $1000:
1. $0.40 → buy $300
2. $0.35 → buy $400
3. $0.30 → buy $300
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🎯 Target Take Profit:
• TP 1: $0.50
• TP 2: $0.60
• TP 3 (ambisius): $0.85 if there is a large retrace
⸻
✅ Conclusion:
WCT is currently in the capitulation phase and is trying to form a bottom. There is no confirmation of a reversal yet, but the price is already heavily discounted. The DCA strategy is suitable for traders who are ready to wait patiently for recovery. Suitable for short-to-medium-term spot strategies at Gate.
#spothold #SpotTrader