Can Wallet Connect ( $WCT ) Token Rebound Soon?
@WalletConnect is one of the most important infrastructures in Web3, acting as the bridge between wallets and decentralized applications. Its WalletConnect Token (WCT) plays a key role in governance and utility across its growing ecosystem, making it a core asset for users who believe in seamless and secure multi-chain connectivity.
Currently, WCT/USDT is trading at $0.3152, down -6.13% in the last 24 hours, reflecting short-term selling pressure.
đč Support & Resistance Levels:
Immediate Support: $0.3105 (24h low) â a crucial level that needs to hold to prevent further downside.
Stronger Support: $0.3008 â losing this could extend bearish pressure.
Immediate Resistance: $0.3226 (7-day MA).
Key Resistance: $0.3386 (24h high) â reclaiming this level could spark a recovery rally.
đ Recovery Watch:
If WCT holds above $0.3100 and regains strength above $0.3226, a push toward $0.3386 is possible in the short term. A decisive breakout over $0.3386 could open the path to $0.3539 and higher.
