The current price $WCT ($0.328) is above the 7-day moving average ($0.316) but below the 30-day ($0.326). The 14-day relative strength index RSI-14 at 52.15 indicates neutral momentum, while the MACD shows bearish divergence (-0.0047 on the histogram).
What this means: Short-term traders may consider the crossover with the 7-day SMA as a buy signal. However, the bearish slope of the MACD and resistance at $0.345 (23.6% Fibonacci level) warn of potential pullbacks.
Key levels: A close above $0.345 could lead to a rise to $0.376 (the high of August 14), while a drop below $0.316 increases the risk of testing the July low at $0.283.#wct #WalletConnect @WalletConnect