๐จ *WCT (WalletConnect Token) Update*
*Current Price:* 0.6607
*24h Change:* +1.59
*24h High/Low:*0.7056 / 0.6258
*Technical Overview:*
- *Trend:* Bearish momentum persists.
- *Support:*0.31 - 0.28
- *Resistance:*0.39 - 0.42
- *Indicators:* RSI near oversold; MACD bearish.
*Trade Setups:*
- *Short Entry:*0.35
- *TP1:* 0.32
- *TP2:*0.28
- *SL:* 0.385
- *Long Entry (on breakout):*0.40
- *TP1:* 0.45
- *TP2:*0.50
- *SL:* 0.36
*Caution:* Reports indicate potential manipulation and pump-and-dump schemes associated with WCT.
*Recommendation:* Exercise caution. Consider waiting for a confirmed breakout above0.39 with strong volume before entering long positions. Always set stop-losses to manage risk.
Stay safe and trade wisely! ๐ก๏ธ๐