$WCT gathers its strength before its next major movement
WCTUSDT
📊
0.3252
-3.53%
A look at the bullish case for $WCT despite the recent decline.
While the daily chart shows a decline of -3.2%, the price of $0.3297 is supported by a strong trading volume of $34.17M, which is more than half of its market value of $61.39M. This is a professional signal of healthy accumulation. The market is not selling its core assets; rather, it is rebalancing before the next major movement.
Analyzing how this price movement supports a long-term bullish outlook.
@WalletConnect is the creative and professional backbone of Web3. Its utility is indispensable. The long-term value of $WCT is directly tied to the growth of the entire cryptocurrency ecosystem. This decline is likely just a short-term correction in a long-term bullish narrative as the market prepares for its next growth phase. #WalletConnect