Here’s a concise technical summary of the WCT ($WCT) analysis by @arixaz786

🟢 Double Bottom Pattern Detected (Bullish Signal)

Bottom 1: ~$0.316 (July 13)

Bottom 2: ~$0.315 (July 16) – Successful support retest

Neckline Resistance: ~$0.348–$0.350

Breakout Confirmation: Candle close above $0.350

📈 Price Target (Measured Move)

Formula: Neckline + (Neckline − Bottom)

Target:

→ $0.350 + ($0.350 − $0.315) = ~$0.385

⚠ Key Watch Zones

✅ Bullish Confirmation: Strong close above $0.350

❌ Invalidation: Drop below $0.315

🔄 Risk Zone: Rejection at neckline may cause consolidation or pullback to $0.325–$0.330

🧠 Takeaway

This is a textbook bullish reversal pattern. Confirmation above $0.350 opens the door to ~$0.385, but caution is warranted if price fakes out or drops below support.

Let me know if you want a chart drawn or the setup explained visually.

@WalletConnect #wct @Arixaz786