$WCT /USDT – Coiling for the Next Move? 🔄
WalletConnect (WCT) is showing signs of bottoming out after a long downtrend. The price is consolidating just above the 20 MA and testing the 50 MA zone.
🎯 Targets:
Target 1: $0.37 – Local resistance & previous mini top
Target 2: $0.43 – 200 MA touchpoint, stronger resistance
Target 3: $0.51 – Psychological barrier, if momentum continues
🛡️ Support Zones:
Immediate Support: $0.33 – 20 MA zone, a must-hold level
Stronger Support: $0.30 – Previous range low and accumulation base
🧠 Commentary:
The trend has flattened out, and WCT is trying to reclaim its mid-term MAs. If it flips the 200 MA (~$0.44), bulls may gain control. For now, this looks like a low-volume consolidation—wait for volume confirmation.
⚠️ Disclaimer: Not financial advice. Always DYOR!
