$WCT Trading Post
WalletConnect ($WCT): Web3 infrastructure for secure wallet connections. Trading at ~$0.62 (May 21, 2025). Market cap: ~$400M.
Performance:
- Up 15.2% in 24 hours, with strong bullish momentum.
- 24-hour volume: ~$45M, showing high liquidity.
- 30-day range: $0.43–$0.66.
Insights:
- Support at $0.60 holding; resistance at $0.66.
- RSI at 65, indicating bullish strength but nearing overbought.
- Growing adoption in Web3 ecosystems fuels sentiment.
Strategy:
- Entry: Buy at $0.61–$0.62 for short-term trades.
- Targets: Aim for $0.66, $0.78, $0.85.
- Stop Loss: Set at $0.58 to manage risk.
- Long-Term: Strong hold for Web3 infrastructure growth.
