@WalletConnect #WalletConnect $WCT
The market exploded upward, sending $WCT to $0.3495, the highest point in the recent run.
Structure: Large green candle, long body, minimal wicks → clear buying dominance.
Volume: Significantly above average → confirms strong participation by buyers.
Psychology: Fear of missing out (FOMO) triggered late buyers to enter aggressively.
Why it matters:
This was the “climax candle” — when excitement peaks, risk also peaks. Such surges often invite profit-taking or short entries from experienced traders anticipating a pullback.
This candle set the stage for what came next.
☞ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed decisions
