@WalletConnect #WalletConnect $WCT Technical Analysis

The recent breakdown in WCT/USDT shows a classic short-term downtrend pattern. The 7-period moving average has slipped under both the 25 and 99 MAs, signaling a potential continuation of the bearish move. Volume spikes during red candles confirm strong sell pressure. Support is now seen at $0.3180, and if this breaks, the next key level is around $0.3150. On the upside, resistance lies near $0.3265 and $0.3305. Day traders might wait for confirmation of reversal patterns before entering long positions.

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