$WCT
📌 #WCT (WalletConnect Token) – Eyeing Key Support Amid Market Volatility 📉
WCT is currently trading around $0.29, showing signs of consolidation after recent bearish pressure. On the 4H chart, WCT has formed a descending channel, with the lower boundary acting as a crucial support zone. If bulls defend this level, we could see a short-term bounce toward $0.32–$0.34. However, a breakdown below $0.28 may trigger further downside toward $0.25.
📊 Despite broader market weakness, WCT’s utility in Web3 wallet integration continues to strengthen its long-term narrative. Projects leveraging WalletConnect’s protocol remain committed, suggesting real-world adoption remains intact. This can act as a strong catalyst once sentiment turns bullish.
🧠 Traders Tip: Watch for a bullish divergence on RSI or a breakout above the mid-channel resistance as a potential swing entry. Always apply risk management and avoid chasing candles.
⏳ Key Levels:
Support: $0.28 / $0.25
Resistance: $0.32 / $0.34
WCT remains a token to watch closely, especially in any upcoming market recovery.
#BinanceSquare #WCT #WalletConnect #CryptoUpdate #Altcoins #SwingTrade #DYOR
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