📊 $WCT /USDT: -2.65% Drop – Bounce Incoming or Bear Trap Setting Up?

The WCT/USDT pair is cooling off to $0.3339 (-2.65%), trading tightly between short-term EMAs after a volatile swing between $0.3195 - $0.3764. With 40.30M WCT traded ($13.74M USDT), traders are watching closely — is this just consolidation, or a sign of deeper downside?

🧩 Technical Snapshot

EMA Pressure:

EMA(7): $0.3326 (immediate support)

EMA(25): $0.3342 (short-term resistance)

EMA(99): $0.3367 (key reversal trigger)

Volume Check: High turnover indicates strong hands accumulating

Price Structure: Lower high rejection at $0.3764, now testing midrange

🎯 Levels That Matter

Upside Zones:

Flip $0.3367 (EMA99) → eyes $0.3419 → push to $0.3540

Downside Risk:

Break below $0.3277 = warning → tests $0.3195 (24H low)

🧠 Trade Scenarios

1️⃣ Dip Buy Strategy: Entry near $0.3326 with tight stop under $0.3270

2️⃣ Breakout Wait: Safer to enter after reclaiming $0.3367 (EMA99)

📈 Final Word

RSI (4H): 45 – neutral, but plenty of fuel for either direction

Whales Watching: Squeeze possible above $0.3367

Narrative Check: Infrastructure tokens remain hot – dips might not last

👇 Are You Loading or Holding?

Buy zone or breakdown – choose your level wisely.

P.S. Keep an eye on Bitcoin – any BTC turbulence could shift momentum fast.

$WCT #walletconnect @WalletConnect