Here is an updated technical analysis for the $WCT (WalletConnect Token) in Arabic, with a detailed review of the key points such as achieving TP1 and setting the stage for TP2 and TP3:
Current Technical Analysis Summary and Supports
One analyst announced that $WCT has successfully achieved TP1 and shows strong momentum towards TP2 and TP3. He noted that the last entry point is still available, representing a good entry opportunity for consistent profits.(Binance)
According to an analysis released 5 days ago, the price is heading towards testing a strong breakout after rebounding from the support level at 0.2900 and surpassing the resistance of 0.3105, indicating buyer control and a signal for continued upward trend.(Binance)
Key Technical Levels
Element Price (Approx) Current Range Between 0.3060 – 0.3090 (Ideal Entry Area)(Binance) First Target (TP1) 0.3155 (Achieved)(Binance) Second Target (TP2) 0.3225 – 0.3600 (There is a discrepancy between sources)(Binance) Third Target (TP3) 0.3290 – 0.3800 (Variable based on analysis)(Binance) Suggested Stop Loss Around 0.2940 – 0.3150(Binance)
Conflicting Technical Analyses
While previous technical analysis indicates a clear upward trend, recent technical analysis shows some warnings:
According to Investing.com, technical indicators suggest a 'Strong Sell' signal, hinting at potential downward pressure.(Investing.com)
On the other hand, Binance's short-term forecast report indicates a potential price drop towards ~0.24 by early September 2025 (approximately -25%).(Binance)
Combined Technical Outlook
Uptrend with Positive Momentum: Breaking resistance near 0.3100, and the price entering the range of 0.306–0.309 opens the door for achieving TP2 and TP3 as long as liquidity support and upward movement continue.(Binance)
Exercise caution due to technical divergence: Conflicting signals between the two technical platforms suggest a potential for a downward correction, so it is advisable to adopt a precise stop loss and adjust it upon reaching profitable levels.
Recommendations for Active Investors (Trader)
Potential Entry Point: In the range of 0.3060 – 0.3090, which is a good opportunity to enter with a strict stop loss setup.
Goal Management: Partially reliant on TP1, and be prepared to set a stop loss at or above it to ensure profit protection.
Monitoring Trading Volume: Continue assessing momentum strength through candles supported by volume to confirm the upward continuation.
Flexibility in Adjustment: If strong sell signals or violent pullbacks appear, be ready to retreat or readjust your targets.
Summary
The current technical setup appears positive, with TP1 achieved and opportunities being formulated to reach TP2 and TP3. However, caution is warranted due to the divergence in technical data. A calculated entry with a clear stop loss and a well-thought-out exit strategy will be best for achieving sustainable profits.
#DeFiGetsGraded #CPIWatch #BTCOvertakesAmazon #BTCReclaims120K #ETHTreasuryStrategy
