📊 Technical Analysis WCTUSDT (12H)

Current price: ~0.3639 USDT Dynamics: Consolidation after growth, testing the lower boundary of the ascending channel

🔍 Key Indicators:

MA(7): 0.3757 — above the current price, forming local resistance

MA(25): 0.3608 — near the price, it may act as a short-term support.

MA(99): 0.3458 — global support

Parabolic SAR: 0.3400 — below the price, bullish momentum is maintained

Ichimoku:
Tenkan-sen: 0.3651

Kijun-sen: 0.3669

Cloud: 0.3531 – 0.3687 — the price is in the cloud → zone of uncertainty

🧱 Levels:

Resistance 1: ~0.3757 (MA7)

Resistance 2: ~0.3687 (upper boundary of the cloud)

Support 1: ~0.3531 ( lower boundary of the Ichimoku cloud )

Support 2: ~0.3458 (MA99)

Global support: the zone 0.295 – 0.31 ( is marked with a purple zone on the chart )

📐 Formation and Structure:

The asset is moving in an upward channel and is currently testing its lower boundary.

Breakout of the channel downwards → change of the short-term trend

The Ichimoku Cloud acts as a consolidation zone.

📌 Trading Scenarios:
🔼 Bullish:

Holding the trend line and returning above Tenkan/Kijun (0.365–0.367)

Targets: 0.3757 → 0.39+

🔽 Bearish:

Break of the ascending trend line and falling below 0.3531

Targets: 0.3458 (MA99) → 0.31 (global demand zone)

🧘 Conservative:

Waiting for a signal in the form of a candlestick pattern at the trend boundary + volumes

🧠 Conclusion:
The price is testing a critical point: the lower boundary of the channel + Ichimoku cloud. Holding the level will support the upward trend, a breakout → transition to correction. A decision will be made in the next 1-2 candles.