🔥 WCT (WalletConnect Token) Technical Analysis – Heavy Update with Key Support & Resistance Levels
🟢 Current Market Position
Current Price: Around $0.4069, down approximately 7% in the last 24 hours.
24h High/Low: $0.4398 (High) – $0.4007 (Low).
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🔼 Upside Potential & Strength
In May, WCT consolidated strongly around $0.55–$0.60 zone before breaking out upwards.
On Binance, WCT built strong support around $0.60–$0.65, and tested the first resistance at $0.70.
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🔻 Downside Risks & Weakness
According to CoinGabbar, WCT hit an all-time high of $1.39 on May 30 and sharply corrected by 42%, now trading around $0.61, sitting near its 25-day MA.
Potential further supports are at $0.60 (1st level) → $0.40 (early May breakout zone) → $0.20 (if severe correction occurs).
