After diving into the fundamentals of Waltonchain (WTC), let’s take a closer look at the chart and identify whether this pair is showing signs of accumulation—or just another dead cat bounce.
🔎 Key Levels I'm Watching:
1. Support Zone:
Around $0.015–$0.017 USDC, WTC seems to have formed a base after prolonged consolidation. Multiple touches with decent volume suggest possible accumulation.
2. Resistance Zone:
The $0.022–$0.025 USDC level has rejected price 3 times over the past 90 days. A clean break above this could trigger a short-term breakout.
3. Volume Spike + RSI Divergence:
On the 4H and daily chart, we’re seeing slight bullish divergence on the RSI, while volume has begun picking up. Smart money might be positioning.
🧠 My Strategy (Not Financial Advice):
Entry: Partial entries within $0.016–$0.018 with tight stop-loss.
Target: $0.022 short term, $0.03–$0.04 if momentum builds.
Invalidation: Clear breakdown below $0.015 on strong volume.
🔥 Pro Tip: Use limit orders and stick to your risk tolerance. Even low-cap charts like this follow market psychology—but are way more volatile.
📢 Do you trade small caps like WTC/USDC?
Do you go for technical setups or just ride news catalysts? Let’s exchange strategies 👇
