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🔍 Analysis of the asset WCT/USDT 3D
The WCT/USDT asset is in a consolidation phase after a strong downward impulse. Current price: 0.2973 USDT.
📉 Technical picture:
The price holds horizontal support around 0.29, forming a potential double bottom zone — this may indicate preparation for a reversal.
The downward trend remains in force: the resistance line ( blue ) indicates a decrease in highs.
MA 7 (0.3351), MA 25 (0.4165) and MA 99 — all above prices, confirming the bearish sentiment.
SAR (0.4114) is also above the prices — 📍 signal of persistent selling pressure.
Ishimoku: Price is below the cloud, the Tenkan and Kijun lines are far apart, indicating weakness and lack of bullish momentum.
🔄 What is important:
A breakout from the trend line above + a consolidation above 0.34 may provide momentum for growth.
The asset's potential will depend on holding the 0.29 zone — a key support level.
If there is a downward breakout, the price may drop to the previous lows.
📊 Output:
WCT/USDT is on the verge: a reversal pattern is forming, but there is no confirmation yet. A breakout above the trend line and 0.34 is needed for a buy signal. For now, the asset is in an accumulation zone.
⚠️ Trading within the current range requires caution — the market can go in either direction.
📈 Monitoring key levels: 0.29 ( support ) and 0.34–0.41 ( resistance ).
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