🚀 $WCT (WalletConnect Token) Market Update - June 5, 2025

🚀Current Price: $0.4521 (↓7.8% in 24h)
24h Range: $0.4497 - $0.4959
Market Cap: $84.18M (Fully Diluted: $452.1M)
24h Volume: $149.67M (↑45% spike recently) 813

📉 Key Trends & Analysis

Recent Volatility:

#WCT surged 30% in 24h earlier this week but faced a 7.8% drop after a whale moved 2.5M WCT ($2.34M) to Binance, signaling potential sell pressure 13.

Current support: $0.45 (critical level). Break below may target $0.40.

Tokenom$$$$ics Alert:

Only 18.6% of max supply (186.2M WCT) is circulating. Watch for unlocks (Team/Backers: 30% locked for 1+ year) 68.

Technical Indicators:

RSI: ~40 (neutral but leaning oversold).

MACD: Bearish crossover on 4H chart.

Key resistance: $0.50 (previous high) 13.

🔍 Why Traders Are Watching WCT

Web3 Utility: Powers WalletConnect’s 275M+ dApp/wallet connections 6.

Exchange Activity: Binance dominates 60% of WCT/USDT volume 13.

Risks: Whale movements + low float (~18.6% circulating) could amplify swings 813.

💡 Trading Strategy

OCO Orders: Set buys near $0.45 (support) with TP at $0.50 (11% upside) and SL at $0.42 (6% downside) 13.

Long-Term Hold?: Monitor ecosystem growth (airdrops, staking) and unlock schedules 6.

⚠️ Caution: High volatility + low float = trade small sizes.

Drop your thoughts below! 👇 Are you bullish or waiting for deeper dips?

#WalletConnect #BinanceSquare #CryptoAlert