Is $WCT Gearing Up for a Comeback? Early Signs Say Yes
After facing a recent dip, $WCT by @WalletConnect is starting to flash early reversal signals and traders are beginning to take notice.
At the time of writing, $WCT is trading around $0.3071, up nearly +4.8% in the past 24 hours. A strong green engulfing candle just formed on the chart a classic sign of potential bottoming out.
Here’s what to keep an eye on:
Price Levels That Matter
Resistance Zones:
$0.3180 A minor ceiling. If WCT breaks above this, it may confirm growing bullish pressure.
$0.3300 A bigger test lies here at the MA99 level. A flip of this zone would mark a serious shift in trend.
$0.3480 The top of WCT July range. Reclaiming this would show strong buyer dominance and could bring momentum back to the bulls.
Support Zones:
$0.2980 This is where the MA7 and MA25 are currently converging acting as a short-term safety net.
$0.2850 A critical level. If price breaks down below here, the bullish setup could be invalidated.
What’s Actually Happening Behind the Charts?
WCT has moved above both the MA7 and MA25, which shows that early buyers are stepping in.
Momentum is shifting slowly, but confirmation depends on volume strength and a decisive move past the MA99 resistance.
A clean flip of $0.3300 could kick off a stronger rally phase heading into mid-August.WCT isn’t in full breakout mode yet, but the foundation for a bullish reversal is being laid.This is a zone where smart money starts to position, not chase. Watch for volume spikes, key resistance flips, and steady price action above $0.3300.
Could this be the start of a bigger move?
Keep it on your radar.
