$WCT 🚨 defensive, but watch the support 🚨 @WalletConnect
At this moment, #WalletConnect is hovering around $0.3006 USD, with a slight correction of –9.9 % on the day. After hitting an intraday high of $0.3343, the price retraced to $0.2898, showing that selling pressure remains active near those levels.
🔎 What's happening?
Contained volatility: Today's ranges ($0.2898–$0.3343) reflect consolidation after the recent rally, which could be attracting opportunistic buyers.
Key support: The floor at $0.29-$0.30 USD will be crucial: if it holds, it may serve as a base for a technical rebound.
Next resistance: Breaking the intraday ceiling of $0.3343 with good volume could signal a rebound towards $0.36–$0.38 USD.