💥 WalletConnect ($WCT) Set To Flip Support into a Launchpad-Bounce From $0.28 With Eyes on $0.74 Resistance 🎯
> WCT looks unstoppable right now. The bounce from $0.28 was strong and backed by volume, and now it’s heading confidently toward the $0.74 resistance. Social sentiment is screaming bullish, technical indicators are aligned, and if Bitcoin stays strong, WalletConnect could outperform soon. This setup looks too good to ignore. Keep your eyes on @WalletConnect this week. ⚡
🚀 What’s Fueling this Replay of the 2017 Altcoin Move?
Strong support at $0.28: On-chain data shows WCT made its cycle low around $0.281 in mid‑April, a 100x rally from its $0.002 launch price. Buyers stepped in hard at that level and lifted price over 10% in a single session. That rebound triggered wide attention.
Volume confirms conviction: Daily turnover ran at 60-100%+ of total market cap-rare liquidity for a new ERC‑20. That level of volume matches whale accumulation, confirming the bounce wasn’t retail-driven.
Clear roadmap upgrades: Expansion onto Solana network, new fee use‑cases, staking incentives, and governance portals have boosted WCT’s utility story-shifting it from hype token to protocol powering Web3 UX.
Sentiment and sentiment indicators align: Data from CoinMarketCap, BingX, CryptoQuant and other sources show a 90%+ bullish sentiment rate across social platforms. Forums and X are filled with WCT charts and long setups.
📊 Bullish Technical Setup: Why $0.74 Is the Next Target
Oscillators signal continuation: Investing.com rated WCT “Strong Buy” on daily and 1H charts, with RSI at ~60 and MACD recently crossing positive. There are 9 bullish oscillator signals versus zero bearish.
Keys to breakout: $0.31 & $0.37: The price reclaimed the high‑volume node around $0.30-0.32 and now sits beneath $0.38. Breaking above that zone can trigger the next run.
Fibonacci & measured move estimate $0.74: From bottom to first peak, WCT moved from ~$0.28 to ~$0.38-a $0.10 move. Doubling that swing projects a $0.50+ range. But models from DigitalCoinPrice and others see a longer‑term target around $0.74, making it a technical resistance magnet.
Structure favors continuation: Chart shows a classic flag/pennant forming above $0.30 that broke above $0.38 on high volume. As long as WCT holds $0.31 support, the measured move targets $0.65-$0.75 range.
🌡️ Macro View: Why Bitcoin Strength Could Fuel a WCT Outperformance
Scenario Likely WCT Range
BTC holds, cools $0.30 – $0.40
BTC rallies +5‑10% $0.45 – $0.60
BTC surges 10%+ $0.70 → $0.74 (Test‑Break)
Historically WCT moves with altcoin strength on major BTC swings-give BTC room, and this becomes a rocket.
As BTC maintains higher lows and looks to reclaim $60K, altcoins like WCT benefit from relative rotation out of majors. WCT has already gained 20% in the last 48 hours ahead of large‑cap altcoin catches.
🧩 What to Watch This Week - 3 Key Triggers
1. BTC daily close above $58K-$60K is often when alt momentum turns impulsive.
2. WCT volume spikes: 150%+ of market cap indicates whales stepping in again.
3. RSI staying above 55 on the 4H chart after the $0.40 break - a classic “RSI stay zone” signal.
❗ Risks & Risk-Management Checklist
Token unlocks: ~13% of supply unlocks in Nov-Dec. If major holders sell, we could retest $0.25 again.
🔐 Use scaled sizing and tighten spots near $0.31 to reduce drawdown risk.
Weak weekly closes: If WCT fails to break $0.38 by Friday and BTC drops, we may see a re‑test of $0.28.
Regulatory / technical delays: If roadmap developments like staking or cross‑chain SDKs get delayed, sentiment may fade quickly.
✅ Final Take: WCT Has the Recipe for a Major Bounce - if It Does Its Part
Momentum: History shows WCT rebounds more violently than most altcoins off cycle lows.
Sentiment: High bullish ratio, buzz about staking, governance features and cross‑chain traction is building.
Technicals: The setup is textbook: bounce off support, volume spike, retest, flag formation, breakout underway.
If Bitcoin stays strong and WCT breaks $0.38 decisively, a thrust toward $0.74 feels not only possible-it’s probable.
This is not finance advice. It is not a call to buy or sell. Always do your own research and trade responsibly.
🏁 Your Next Moves
Watch live volume bar versus WCT market cap.
Monitor price vs. 4‑hour RSI after potential $0.40 breakout.
Prepare stop orders: $0.30-$0.31 if you’re long to guard capital.
If WCT re‑tests and closes above $0.38 with conviction, a partial swing entry targeting $0.74 is a hard-hitting risk-reward.
Follow @WalletConnect and join the conversation-this week could define WCT’s early story arc.
#WalletConnect #WCT #CryptoSignals #Altcoins #DeFi #BinanceSquare