#walletconnect @WalletConnect
🚀「WCT 0.34 Death Line」: POC giant whales gathered, don't miss it or wait another year!
Quick Overview: WCT current price 0.3428 is stuck above the largest trading volume anchor point (POC 0.3402) for 2 weeks, short-term selling pressure is dominant but long-term funds continue to flow out, a pullback to LVN 0.336 can be a light long position, stop loss if it breaks 0.334; if it breaks through the selling wall at 0.349 with volume, target 0.355 HVN, risk-reward ratio 2.3:1. Note the 24h contract position -4.2%, long-short ratio still high, beware of a waterfall.
Key Interval Structure
• Value Anchoring Zone: POC 0.3402 (7.69M transactions), 0.5% above and below is the largest liquidity pool.
• High Trading Volume Zones: 0.336 and 0.344 two HVNs, price is likely to fluctuate here.
• Low Trading Volume Gaps: below LVN 0.336 (liquidity void), above LVN 0.349 (selling wall 280k).
• 70% Trading Volume Coverage Zone 0.318–0.349, current price is at the upper edge, short-term overbought.
Momentum Verification
POC area Up Vol 49%, long-short balanced; Up Vol at LVN 0.336 rises to 65%, indicating buyer initiative. If it pulls back to 0.336 and 15min Up Vol > 60%, consider it a bullish signal.
Auxiliary Indicators
• Bollinger Bands: current price is at 35%, middle track 0.344 is resistance.
• MA200 0.3377, spot discount 1.5%, still bullish.
• Contract position 24h -4.2%, continuous reduction in 8h-12h, funds are cautious.
Market Cycle
Mid-term bear market (2M-3M net fund outflow 236M-320M), short-term rebound to the upper edge of the range, in the “consolidation bottoming” phase.
Trading Strategy
Aggressive: current price 0.342–0.343 light position to try long, stop loss at 0.334 (recent HVN 0.336 outer side), target 0.349/0.355, risk-reward ratio 2.3:1.
Conservative: wait for a pullback to LVN 0.336 with 15min Up Vol > 60% and Pin bar, entry at 0.3365, stop loss at 0.333, target 0.344, risk-reward ratio 2.8:1.
Cautious: chase long after breaking the selling wall at 0.349 with volume (>1.5× average), stop loss at 0.345, target 0.355.
Risk Control
• Key Failure: drop below 0.334 or 1h close below MA200.
• Position: single trade risk ≤1%, avoid high leverage.
• Event Risk: macro liquidity changes, project party unlocks.
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