📉 WCTUSDT — consolidation in a descending wedge 🔍



On the 3D chart, the price of WCTUSDT remains within a descending wedge 🔻, formed after a sharp impulse and collapse in June.

Current price: $0.3295

Technical picture:

Ichimoku ☁️: the price is below the cloud, the trend is bearish.

MA 7 / 25 / 99 📊: the quotes are between MA7 (0.3259) and MA25 (0.3507), which signals a phase of uncertainty.

Parabolic SAR 📍: points below the price indicating an attempt at a local reversal.

Figure 📐: descending wedge — often a bullish pattern upon breakout upwards.

Key levels:

Support 🛡: $0.31 — the lower boundary of the wedge.

Resistance 🚧: $0.35 and then $0.3964 (SAR), $0.5929 (above the Ichimoku cloud).

Scenarios:

🟢 Bullish: breakout at $0.35 with consolidation → test $0.40 and above to $0.59.

🔴 Bearish: break below $0.31 → drop to $0.25 and $0.20.

💡 The asset is currently in a compression zone, and the nearest exit from the wedge will determine the medium-term direction of movement.
MA33.08%
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