🚀 $WCT Deep Dive: Sitting Pretty at $0.4245 - Time to Pay Attention?

WalletConnect Token just caught my eye at $0.4245, and honestly, this setup is looking spicy. We're trading right in that accumulation zone between $0.30-$0.55 that's been forming since mid-May — exactly where smart money loves to build positions.

📊 Technical Snapshot:

Key Support: $0.40 (psychological) → $0.35 (major demand zone)

Resistance Levels: $0.45 → $0.50 → $0.55 (the big one)

Pattern: Rising wedge formation brewing, usually precedes breakouts

The momentum indicators are telling an interesting story here. MACD just crossed bullish with RSI sitting at 62 — we're in momentum territory but not overbought yet. That's the sweet spot for continuation moves.

🎯 Market Sentiment: Multiple technical indicators flashing bullish signals across timeframes — that's rare to see. The DeFi infrastructure narrative is heating up, and WalletConnect sits right at the center of multichain adoption.

📈 Volume Story: Decent volume flow showing institutional accumulation. This isn't just retail hype — smart money is quietly building positions for the next wave of Web3 infrastructure demand.

My Take: WCT feels like it's coiling for something bigger. The multichain narrative is just getting started, and WalletConnect is the pipes connecting everything. A clean break above $0.45 with volume could trigger serious momentum toward $0.52+.

But respect that $0.40 support level. Lose it, and we're probably revisiting the $0.35 accumulation zone for another entry.

💡 Trading Setup:

Entry: $0.4200-$0.4280 (current zone)

Target: $0.52 (24% upside potential)

Stop Loss: $0.39 (-8.5% max risk)

This is an infrastructure play with real utility. Position size accordingly and think longer-term.

#WCT #WalletConnect #DeFi #Crypto