🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
WCT chart analysis:
bearish sentiment continues From May to July 2025, the asset price remains in a downtrend.
The support level at ~0.2934 is a key zone.
Moving averages (MA) indicate sellers' dominance.
The nearest target is a test of the support level.
!! Watch the volumes - they can confirm either a reversal or a continuation of the decline.
$WCT Demand Zone - Bullish Reversal From Key
WCTUSDT has formed a potential double bottom and is showing early signs of bullish momentum after holding strong at the $0.2838-$0.2966 support range. The recent bullish engulfing pattern near support indicates accumulation and a possible trend reversal.
If the price holds above the current level, a breakout toward $0.3395 looks probable.
Bullish Trade Setup
Entry: $0.2960 - $0.2975
Take Profit: $0.3395
Stop Loss: $0.2838
R:R Ratio: Highly favorable setup off major support
Watch for volume confirmation to validate the breakout. Momentum favors bulls if this zone holds.
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$WCT
{spot}(WCTUSDT)
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