Linitless
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Bullish
WalletConnect Token (WCT):@WalletConnect
🔍 Price & Market Overview
#WalletConnect
Current Price: ~$0.296 (USD), trading within a narrow intraday range of roughly $0.29–$0.31
24‑Hour Change: Slight dip (~ –2 %) after a recent minor recovery
Market Cap & Supply: Circulating supply ≈186 M WCT; market cap ≈ $55 M; max supply 1 B WCT
📉 Technical & On‑Chain Analysis
Short-Term Momentum: Trading in a tight band between ~$0.304–$0.315 — this could set the stage for a breakout (bullish above $0.315) or breakdown below $0.304
Mid-Term Structure: Following a failed attempt to break above $0.60, WCT is consolidating between $0.30 and $0.60. A decisive move beyond $0.60—with strong volume—might reignite an uptrend toward $1+; conversely, dropping below $0.30 could test the cycle low near $0.28
Technical Indicators: TradingView leans “Neutral to Buy” on oscillators, with mixed or neutral moving average signals
Derivative Metrics: Open interest in futures is steady, volume slightly down (~ –7 %), while funding rates remain modest—hinting at balanced long/short sentiment
🌐 On‑Chain & Token Dynamics
Circulation: Only ~18.6 % of total supply is circulating; upcoming unlocks (~2.5 M WCT in ~18 days) could exert downward pressure as holders gain liquidity
Utility & Ecosystem: WCT underpins the WalletConnect Network, enabling wallet‑to‑dApp connectivity across chains (including Ethereum, Solana, Optimism), and supports governance and staking within the network
🎯 Key Trading Levels
Scenario Level Strategy
Bullish Breakout > $0.315 Long targeting $0.34–$0.36+
Bearish Breakdown < $0.304 Short or wait for dip-buy near $0.30
Mid-Term Bullish Pivot > $0.60 Resumption toward $1+
Mid-Term Bearish Risk < $0.30 Potential drop to $0.28
Support lies near $0.30, with crucial resistance around $0.315 short-term and $0.55–$0.60 mid-term .
Disclaimer: This analysis isn’t financial advice—make sure to consider your own risk .
$WCT
🔍 Price & Market Overview
#WalletConnect
Current Price: ~$0.296 (USD), trading within a narrow intraday range of roughly $0.29–$0.31
24‑Hour Change: Slight dip (~ –2 %) after a recent minor recovery
Market Cap & Supply: Circulating supply ≈186 M WCT; market cap ≈ $55 M; max supply 1 B WCT
📉 Technical & On‑Chain Analysis
Short-Term Momentum: Trading in a tight band between ~$0.304–$0.315 — this could set the stage for a breakout (bullish above $0.315) or breakdown below $0.304
Mid-Term Structure: Following a failed attempt to break above $0.60, WCT is consolidating between $0.30 and $0.60. A decisive move beyond $0.60—with strong volume—might reignite an uptrend toward $1+; conversely, dropping below $0.30 could test the cycle low near $0.28
Technical Indicators: TradingView leans “Neutral to Buy” on oscillators, with mixed or neutral moving average signals
Derivative Metrics: Open interest in futures is steady, volume slightly down (~ –7 %), while funding rates remain modest—hinting at balanced long/short sentiment
🌐 On‑Chain & Token Dynamics
Circulation: Only ~18.6 % of total supply is circulating; upcoming unlocks (~2.5 M WCT in ~18 days) could exert downward pressure as holders gain liquidity
Utility & Ecosystem: WCT underpins the WalletConnect Network, enabling wallet‑to‑dApp connectivity across chains (including Ethereum, Solana, Optimism), and supports governance and staking within the network
🎯 Key Trading Levels
Scenario Level Strategy
Bullish Breakout > $0.315 Long targeting $0.34–$0.36+
Bearish Breakdown < $0.304 Short or wait for dip-buy near $0.30
Mid-Term Bullish Pivot > $0.60 Resumption toward $1+
Mid-Term Bearish Risk < $0.30 Potential drop to $0.28
Support lies near $0.30, with crucial resistance around $0.315 short-term and $0.55–$0.60 mid-term .
Disclaimer: This analysis isn’t financial advice—make sure to consider your own risk .
$WCT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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