#WCT
📊 Chart Analysis:
Major Drop: After peaking at $1.3941, the token saw a rapid decline.
Current Support Level: Around $0.2869, which was the recent local low.
Resistance Zone: Likely between $0.32–$0.35, near the recent highs.
Volume: Trading activity is relatively low compared to the initial spike, indicating cooling interest or consolidation.
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📈 Moving Averages:
MA(5): 13,392,762.4
MA(10): 15,661,255.5
→ These are volume-based and show declining interest.
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📉 Performance:
Today: -4.41%
7 Days: +3.40% (short-term recovery attempt)
30 Days: -43.29% (significant overall downtrend)
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🔔 Summary:
Trend: Bearish overall, though it's showing signs of sideways consolidation now.
Risk Level: High — due to previous sharp drop and weak volume.
Watch For: Break below $0.2869 (bearish) or above $0.32 (potential bullish shift).
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