$WCT 🚀 WalletConnect Token Tests Key Support at $0.28 – Time to Accumulate?
August 6, 2025 — WCT/USDT is trading at $0.2890 (+3.94% today), defending critical support at $0.2871 (24H low) after a 21.51% monthly drop. Despite the pullback, WalletConnect’s $53.82M market cap and $33.75M 24H volume reflect steady demand for its Web3 connectivity protocol, powering 150M+ connections across 600 wallets.
Why WCT Now?
Technical Setup: RSI at neutral (49.6), with a breakout above $0.3003 (24H high) potentially targeting $0.31 (2026 price projection).
Catalyst: Optimism’s OP Mainnet integration boosts scalability, while staking rewards incentivize long-term holders.
Whale Alert: $2.64M buy orders on Binance signal accumulation near support.
Trade Plan:
Buy Zone: $0.28–$0.29 (yearly low confluence).
Target: $0.30 → $0.31 (7% upside).
Stop-Loss: Below $0.27 (panic level).
📌 Volatility Alert: Watch for token unlock sell pressure.
Key Stats:
30D Performance: -3.69% | Liquidity Score: 62.71%.
Sentiment: Neutral but oversold (4h buy signal).
DYOR—altcoins are volatile!
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