$WCT is currently trading at $0.3086, showing signs of stabilization after recent volatility. Price action has been consolidating near the short-term moving averages, with the 7-day MA at $0.3167 and the 25-day MA at $0.3337 acting as immediate pressure points.
$WCT/USDT – Long Trade Setup
📊 Current Price: $0.3086
24h High: $0.3174
24h Low: $0.3071
Timeframe: 1D
Trade Plan:
Entry Zone: $0.3075 – $0.3125
Stop Loss: Below $0.3065 (to protect against false breakouts)
Profit Targets:
TP1: $0.3167 (MA7 resistance)
TP2: $0.3337 (MA25 resistance)
TP3 (Final): $0.3600 (major breakout target)
Why It Matters:
@WalletConnect is a key player in Web3 infrastructure, connecting wallets and dApps across multiple chains. With $WCT consolidating at a strong support zone, the risk/reward for a breakout trade is attractive. Watch for rising volume and bullish daily closes to confirm the move.
