$WCT 📈 Technical Analysis for WCT Coin – Dated 8/6/2025
🔹 Current Price: 0.435 USDT
🔹 Weekly Performance: -28% 📉
🔹 Trading Range: Between 0.433 – 0.455 USDT
🔹 Last Peak: 1.39 USDT (End of May)
🔹 Key Support: 0.4239 USDT
🔹 First Resistance: 0.5533 USDT
🧠 Technical Recommendation (Based on Indicators):
✅ Moving Averages: "Strong Buy"
📊 Instant Indicators: Neutral to Positive
⚠️ Some platforms (like Bitget) show "Strong Sell", reflecting short-term confidence volatility
🎯 Suggested Trading Strategy:
First Buying Point:
🔹 Between 0.425 – 0.430 USDT (Support Area)
🔸 Stop Loss: Below 0.42
🎯 Targets: 0.55 → 1.00 → 1.35 USDT
Second Buying Point (for risk-takers):
🔹 Upon breaking the resistance 0.56 with a clear close
🔸 Stop Loss: 0.54
🎯 Targets: 0.997 → 1.35 USDT
💡 Important Tips:
Don’t forget to manage your capital and clearly set your stop loss
Monitor trading volumes and official announcements from the WalletConnect team
Expectations for continued upward movement depend on a stable break above 0.55
📌 Note: This analysis is for educational purposes and is not considered direct investment advice. Do your own research before making any trading decisions.
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