$WCT Trying to Break Out
Current Price: $0.3540
Daily Move: +2.25% ๐
Moving Averages Check:
MA20: $0.3420 โ
Support
MA50: $0.3378 โ
MA200: $0.3235 โ
Bullish cross in progress
Target Levels:
๐ฅ Target 1: $0.3900 โ Local resistance zone
๐ฅ Target 2: $0.4500 โ May consolidation top
๐ฅ Target 3: $0.5200 โ Major previous breakdown point ๐ฅ
Stop Loss Idea:
Below $0.3200 to reduce downside risk.
Why WCT?
Ecosystem Expansion: WalletConnect is expanding cross-chain connections.
Trend Shift: Breaking above MA200 after a long downtrendโearly trend reversal sign.
Liquidity Rotation: Small cap alts are catching bids again! ๐ธ
โ ๏ธ Remember: This is a momentum trade idea. Not financial advice. DYOR and protect your capital.