Guys $WCT may give us big move upwards get ready for it ๐ค๐ค๐ค๐ค check this below
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Great โ hereโs a fresh and accurate analysis for WCT (WalletConnect Token) Futures, based on the updated live price (~$0.33โ$0.36):
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๐ WCT Futures Price (Live)
โข โ
Current Futures Price: ~$0.33โ$0.36 (Bitget, KuCoin, Gate, etc.)
โข ๐ Matches spot closely โ Neutral funding = Balanced sentiment
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๐ Trend Overview
โข ๐ Recent action: Sharp drop from $0.50+ to ~$0.30 level
โข โ ๏ธ Bearish short-term unless it reclaims $0.38โ$0.40 resistance
โข ๐ก๏ธ Support Zone: $0.30โ$0.32 is key. If it breaks down below $0.30 โ likely further downside
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๐ Indicators
โข RSI near oversold โ short-term relief bounce likely
โข Volume declining โ no strong buyers yet
โข Breakout needs high volume push above $0.38
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๐ ๏ธ Futures Strategy
๐ Setup ๐ฏ Action Plan
Scalp Long Buy near $0.31โ$0.32 with SL at $0.295, target $0.35โ$0.37
Breakout Long Entry on confirmed breakout above $0.385 with volume
Short Setup Short at ~$0.36โ$0.38 zone if rejected, target back to $0.31
DCA Hedge Gradual entries near $0.30, but protect with stop below $0.28
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โ ๏ธ Risk Zones
โข โ Breakdown below $0.30 = high-risk zone, potential dump to $0.25
โข โ No strong reversal signs yet โ donโt overleverage!
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๐ Key Levels
๐น Level Meaning
$0.30 Strong support
$0.38โ$0.40 Resistance zone
$0.45+ Bullish breakout if reclaimed
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๐ฎ Outlook
โข ๐ก Neutral-bearish short-term
โข ๐ต Bullish only if price reclaims $0.38 with strength
โข โ
Good zone for low-leverage range plays (buy support/sell resistance)
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$WCT
#ScalpingStrategy