📉 WCT Market Trend Analysis (June 23)

The current spot price of WCT is $0.3062, in a consolidation range after a long-term rise, showing overall strong stability.

📊 Trend Structure:

Short-term: Consolidating in the range of $0.28 ~ $0.31, with increasing volume in low-level transactions, suggesting accumulation by the main force;

Medium-term: After the previous high of $1.3667 retraced, it is forming a new accumulation zone, a typical pullback pattern of a main upward wave;

Trading Volume: The daily average trading volume on CEX and DEX remains around $50 million, on-chain activity is still stable, with no signs of large-scale exits;

Technical Indicators:

The daily MACD is close to the golden cross point, with volume-price divergence converging;

The weekly chart is pulling back to the long-term trend line, nearing the oversold area, showing rebound momentum;

📌 Key Focus Levels:

Support Range: $0.278 ~ $0.30 (historical low + psychological level)

Rebound Targets: $0.36 / $0.42 (previous platform highs)

Main Resistance Zone: $0.50 ~ $0.67 (medium-term consensus area, historical core consolidation)

🎯 Strategy Suggestion:

The current stage is not a FOMO moment, but rather suitable for users who are optimistic about the value of the WalletConnect protocol to gradually accumulate / dollar-cost average in the range. Future key focuses include:

DAO Governance System Launch

DID and Push Layer Module Release

Mainstream Wallet Ecosystem Expansion Incentive Program

In summary:

WCT is currently in a consolidation phase of "slow rise and pullback - waiting for consensus to restart," with the protocol's certainty outweighing emotional fluctuations, making it a suitable stage for rational investors to accumulate.