CryptoShohel
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Bearish
@WalletConnect #WalletConnect $WCT
Volume Surge Confirms Bullish Pressure
A significant increase in trading volume has been observed as WCT bounced from its intraday low. The volume spike indicates that buyers stepped in aggressively at the 0.3050–0.3060 range. This kind of volume behavior often precedes a continuation in the trend if the momentum is maintained. If the buying pressure remains intact, WCT could challenge the 0.3280 (24h high) level in the coming sessions. However, traders should keep an eye on the order book, which currently shows slightly more sell-side liquidity (51.25% ask vs 48.75% bid), meaning resistance could still be strong near key levels.
☞ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed decisions
Volume Surge Confirms Bullish Pressure
A significant increase in trading volume has been observed as WCT bounced from its intraday low. The volume spike indicates that buyers stepped in aggressively at the 0.3050–0.3060 range. This kind of volume behavior often precedes a continuation in the trend if the momentum is maintained. If the buying pressure remains intact, WCT could challenge the 0.3280 (24h high) level in the coming sessions. However, traders should keep an eye on the order book, which currently shows slightly more sell-side liquidity (51.25% ask vs 48.75% bid), meaning resistance could still be strong near key levels.
☞ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed decisions
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