
News ignites, technicals fuel - the spring of WCT has been compressed to the limit, only a catalyst away from an explosive market!
News: Three Fires Ignite Expectations
Countdown to Solana Ecosystem Airdrop
WalletConnect officially announces airdrop of 5 million WCT (value ≈ 3 million USD) to active Solana users, distributed via wallets like Phantom and Jupiter, available this summer. Airdrop effects typically stimulate short-term buying, especially since the current circulation of WCT is only 186 million tokens, and new demand may push prices higher.
Exchanges Frenzily Attracting Traffic
A certain exchange launches a 50,000 USDT WCT contract trading competition (May 28 - June 6), with users splitting rewards based on their trades. Such activities typically stimulate a surge in trading volume, which can trigger price fluctuations.
Staking Lockup Supports Scarcity
Over 60% of airdropped tokens (110 million - 148 million WCT) are staked until the end of 2025, with an actual circulation of only 38 million - 75 million tokens. Low circulation + high demand = easy to rise, hard to fall.
Technical Analysis: Divergence Meets Trend Change Window
Bottom Divergence Confirms Rebound:
MACD green bars have not broken previous lows, bears are exhausted, forming a textbook-level bottom divergence, with a rebound probability > 70%.
Bollinger Band Spring Compression:
Bollinger Bands are sharply contracting (Upper Band 0.5000/Lower Band 0.1500), with prices sticking to the lower band for four consecutive candles. A breakout above 1.2200 will trigger a trend change.
MACD Golden Cross Imminent:
Death cross nearing its end; green bars are shortening, fast and slow lines are narrowing below zero. If the current price of 1.1015 holds above the previous high of 1.1161, the golden cross will signal a reversal.
Operational Summary: Two-Step Ambush Strategy
Current Price 1.1015:
Light long position (stop loss 1.0800), add position if breaking 1.1161 (confirming trend)
Target Ladder:
First Target 1.2500 (daily resistance + airdrop expectations)
Second Target 1.5000 (Bollinger mid-band + psychological level of staking unlock)$WCT #山寨币热点

Blindly acting alone will never bring opportunities. Follow me for insights on tenfold potential coins! Top-tier resources!