🔍 ANALYSIS $WCT /USDT

WCT has broken the lower boundary of the descending channel, consolidating below the key demand zone — this is a signal of a possible continuation of bearish pressure.

📉 Support at the level of 0.2954 did not hold the price, and the next target down is the zone of 0.2356, which may indicate a decrease of about ~20%.

🧠 Thoughts:

Indicators (MA, Ichimoku, BB) indicate a continuing downward trend. The Ichimoku cloud is above the price — confirming bearish control.

📈 Outlook:

If the price returns to the channel and consolidates above 0.30, a recovery to 0.32–0.33 is possible.

If it consolidates below 0.295, a move towards 0.235 is likely.

‼️ Caution is a priority. The price is at a critical zone — further movement will be determined by the nearest reaction.

#WCT #WalletConnect @WalletConnect