#WalletConnect

6.28 Weekend Market Overview: WCT Head and Shoulders

$WCT has formed a head and shoulders bottom structure, with effective support at 0.3071 and resistance at 0.3184 above; the fluctuation range is also oscillating around here @WalletConnect

0.3071 has bounced back multiple times from the bottom, temporarily considering this as effective support; waiting for a pullback near 0.3071 to enter long positions or to enter in the direction of the breakout if it breaks down and retraces above, with a stop loss at 0.3005 and a target of 0.3184; or ambush a short position on the left side at 0.3184, with a stop loss at 0.3251 and a target of 0.3071;

WCT's volume and price have divergence, MACD has not yet shown bottom divergence, but there is support at the bottom, so trading WCT on the dips can be adopted

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