๐ #WCTUSDT Analysis โ Breakout Confirmed, Watching Key Retest Zones
๐ Published: May 7, 2025
๐ฐ Timeframe: 4H | ๐ Exchange: Binance
๐ Technical Overview
WCT has broken out of a falling wedge and is currently consolidating just above the breakout line. We're now watching two stacked support levels that could act as launch pads or risk traps depending on market reaction.
๐ Confirmed Patterns:
โ Falling Wedge Breakout
โ Bullish Retest Formation (clean HL)
โ Price printing bullish structure above wedge resistance
๐ฆ Support Levels to Watch:
Primary Support: $0.3828
Last-Ditch Support (Panic Level): $0.3530
๐ Loss of $0.3530 = structure breakdown, invalidates breakout and may trigger further downside.
๐ฉ Current Price: $0.3998
WCT holding above breakout level and pushing higher with measured steps.
๐ฏ Bullish Targets:
TP1: $0.4340 โ first breakout resistance
TP2: $0.4843 โ local high
TP3: $0.6537 โ full wedge projection target
Each level offers clear profit-taking points or re-entry zones if retraced cleanly.
๐ง Strategy Insight
Breakout traders may enter on retest, while conservative players can wait for confirmation above $0.434.
SL for aggressive entries = under $0.3828
SL for swing trades = under $0.3530
๐ก Setup remains valid as long as both support zones are respected.
๐ฃ Whatโs Next?
Break and hold above $0.434 = momentum continuation.
Lose $0.353 = exit, wait for new setup lower.
๐ข Smart money watches the retest. This setup offers tight risk and clear upsideโtrade the levels, not the emotion.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
๐we ask Allah reconcile and repay๐
๐ Published: May 7, 2025
๐ฐ Timeframe: 4H | ๐ Exchange: Binance
๐ Technical Overview
WCT has broken out of a falling wedge and is currently consolidating just above the breakout line. We're now watching two stacked support levels that could act as launch pads or risk traps depending on market reaction.
๐ Confirmed Patterns:
โ Falling Wedge Breakout
โ Bullish Retest Formation (clean HL)
โ Price printing bullish structure above wedge resistance
๐ฆ Support Levels to Watch:
Primary Support: $0.3828
Last-Ditch Support (Panic Level): $0.3530
๐ Loss of $0.3530 = structure breakdown, invalidates breakout and may trigger further downside.
๐ฉ Current Price: $0.3998
WCT holding above breakout level and pushing higher with measured steps.
๐ฏ Bullish Targets:
TP1: $0.4340 โ first breakout resistance
TP2: $0.4843 โ local high
TP3: $0.6537 โ full wedge projection target
Each level offers clear profit-taking points or re-entry zones if retraced cleanly.
๐ง Strategy Insight
Breakout traders may enter on retest, while conservative players can wait for confirmation above $0.434.
SL for aggressive entries = under $0.3828
SL for swing trades = under $0.3530
๐ก Setup remains valid as long as both support zones are respected.
๐ฃ Whatโs Next?
Break and hold above $0.434 = momentum continuation.
Lose $0.353 = exit, wait for new setup lower.
๐ข Smart money watches the retest. This setup offers tight risk and clear upsideโtrade the levels, not the emotion.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
๐we ask Allah reconcile and repay๐
Catatan
TP1: $0.4340 โ first breakout resistance achieved! Trade aktif
TP2: $0.4843 โ local high achieved
๐ Be a trader, not a gambler. Follow risk and capital management! If youโre active, logical, and add value, welcome aboard.
๐คฒ May Allah guide us, bless our trades, and keep our hearts clear. โค๏ธ
๐คฒ May Allah guide us, bless our trades, and keep our hearts clear. โค๏ธ
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
๐ Be a trader, not a gambler. Follow risk and capital management! If youโre active, logical, and add value, welcome aboard.
๐คฒ May Allah guide us, bless our trades, and keep our hearts clear. โค๏ธ
๐คฒ May Allah guide us, bless our trades, and keep our hearts clear. โค๏ธ
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.