$WCT analysisđ

WCT
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right now, the price is "overextended." It has climbed from $0.057 to $0.065 without a major correction. Looking at the 15m candles, the momentum is fading. I would Short this toward the $0.06300 level, or simply wait for it to drop to $0.06300 to enter a Long.
The Short (Higher Probability Right Now)
âBias: Bearish for a quick scalp.
âEntry: $0.06500 â $0.06530 (Current area).
âTake Profit (Target): $0.06310.
This is the previous consolidation support shown on the 15m chart.
âStop Loss: $0.06610. (If it breaks the 24h high, the trend is too strong to fight).
click here to trade: