2025-07-29 03:57:50

WCT/USDT Technical Analysis — Decision Time Within Ascending Channel

Since early July, WCT has shown consistent recovery inside a rising channel. But now, it's facing a critical test near the Ichimoku Cloud and key resistance levels — signaling a potential breakout or breakdown.

🔹 Current Price: ~$0.3531
🔹 Key Levels:
• Resistance – $0.3629
• Support – $0.3496 / $0.3269

📊 Technical Breakdown:

MA(7) – $0.3687 (Short-term resistance)

MA(25) – $0.3419 (Dynamic support)

MA(99) – $0.4756 (Long-term resistance)

Parabolic SAR – Bullish (below price)

Ichimoku Cloud – Price testing cloud entry → possible consolidation

🧭 Scenarios to Watch:

✅ Bullish: Break above $0.3629 + hold above MA(7) = potential continuation
❌ Bearish: Rejection from cloud + channel breakdown = likely drop to $0.3269
🔄 Neutral: Sideways movement between support and resistance

📌 Conclusion:
WCT is at a crossroads. A breakout could spark bullish momentum, while rejection may lead to a deeper correction. Monitor price action closely near resistance.

#WCT

WCT1,73%

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