The WalletConnect (WCT) token today looks like it just came out of the sauna after a marathon: red, tired, but still breathing. Minus -29% for the day — no joke, but let's take a closer look.
🔎 Let's start with the facts:
📉 Price: $0.5625 (bouncing from the bottom $0.5083)
🔊 Volumes — 255.93 million WCT. Someone is clearly not sleeping.
📊 Bollinger says: volatility is narrowing, preparing for an explosion.
🧠 STCH RSI (oscillator for traders who want to catch the movement) — in the 'something is brewing again' phase.
🧯 So, what do we have?
The situation now is a typical 'post-storm' phase:
We have cleared out everyone who didn't fasten their seatbelt.
There are those who are waiting for 'either up or down — but strongly.'
In the hourly timeframe, there is already a series of higher lows (was $0.508 → now $0.5625) — technically it looks like a recovery.
But. There is one 'but' — the middle Bollinger band ($0.5860) is currently holding back appetites. If it breaks through — then we can switch on the rocket 🚀 (or at least launch a firecracker).
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📌 Summary for today:
🎯 Trader with nerves of steel:
🟢 This is a 'catch the moment' day. There is a clear risk zone ($0.508), there is potential for a reversal. Squeezed Bollingers are like a compressed spring.
🧘♂️ For those who want peace:
🔴 Today is not your day. Here, the sand is still underfoot, not asphalt. Better to wait for a breakout at $0.59 and then think.
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👁️🗨️ P.S. The token is alive, the community is noisy, volumes are not sleeping. But today is not a day for faith, but for cold calculation. Either you are in the game — or a spectator.
