📊 On the WCT/USDT (1D) chart, a descending triangle is forming — a narrowing range between resistance (~0.34–0.35) and support (~0.30).
🔎 Indicators:
MA (7, 25, 99): the price trades near moving averages, but the 99-day (0.418) remains significantly higher — the long-term trend is still bearish.
Ichimoku: price in the resistance cloud, indicating uncertainty and pressure from above.
SAR shows local upward momentum (points below the price), but bulls currently lack the strength to break through.
📈 Prospects:
Bullish scenario: a consolidation above 0.35–0.36 may open the way to 0.38–0.42, with the prospect of testing 0.50.
Bearish scenario: a breakdown below the level of 0.30–0.304 will increase pressure, with targets around 0.27–0.25.
⚠️ Risks: weak volumes and the dominance of a downward trend increase the likelihood of false breakouts.
✅ Conclusion: the asset is in a consolidation phase, key zones to watch — 0.30 (support) and 0.35 (resistance). The exit from the triangle will determine the further direction of movement.
#WalletConnect $WCT @WalletConnect
🚀 WalletConnect (WCT) — a bridge between users and Web3 🌐🔑
WalletConnect (WCT) — is an open network that makes interacting with decentralized applications (dApps) as simple and secure as possible. 💡
🔹 What is WalletConnect?
This is a connection standard that allows users to connect their crypto wallets to dApps without unnecessary complexity.
Security comes first 🔒 — the connection is established through an encrypted channel, eliminating the risks of key compromise.
Supports hundreds of wallets and applications 🛠 — from DeFi platforms to NFT marketplaces.
🔹 The role of the WCT token 🪙
Used to incentivize network participants and ensure the sustainability of the ecosystem.
Holders gain access to advanced functionality and participate in protocol governance 🗳.
WCT plays a key role in the development of the decentralized WalletConnect ecosystem.
🔹 Why is this important?
✅ Simplifies entry into Web3 for millions of users.
✅ Makes interaction with dApps intuitive and secure.
✅ Creates the foundation for the mass adoption of DeFi, NFT, and GameFi.
⚡️ Conclusion: WalletConnect is a universal Web3 connector that transforms complex technologies into accessible tools for everyone.
And the WCT token becomes the fuel of the ecosystem, uniting users, developers, and projects into a single network of the future. 🌍✨