$WCT is trading at $0.341 (+0.58% 24h), showing mixed signals but attracting speculative interest as adoption and technical momentum come into play. Hereโ€™s the full breakdown:

๐Ÿ“Š Key Stats:

Current Price: $0.341

Resistance: $0.3766

7-Day SMA: $0.320

RSI: 65 (bullish momentum)

24h Volume: $131M (+55%)

๐Ÿ’ฅ Why $WCT is Gaining Attention:

1๏ธโƒฃ Coinbase Optimism Integration (Bullish Impact)

Trading for WCT on Optimism went live on 14 August, expanding U.S. retail access.

Short-term impact: Increased visibility and liquidity often drive demand spikes.

Watch for: Sustained volume on the WCT-USD pair and future exchange integrations.

2๏ธโƒฃ Technical Momentum (Mixed Impact)

Price sits above the 7-day SMA, but faces resistance at $0.3766.

RSI indicates bullish momentum; MACD convergence hints at possible consolidation.

Targets:

Upside breakout: $0.3878 (Fibonacci extension)

Failure: drop toward $0.316 (99-day SMA)

Watch for: Volume-backed moves above $0.35 or breakdowns below $0.334

3๏ธโƒฃ Market Sentiment & Volatility

24h volume surged to $131M (+55%) with high liquidity

Community targets $1, but 90% of 1B supply remains locked, creating long-term dilution risk

Sensitive to altcoin trends โ€“ CMC Altcoin Season Index at 46 (neutral)

๐ŸŒŠ Bottom Line:

$WCT is at a critical juncture. Bulls can push above $0.3766 for a fresh rally, but failure to hold support could trigger a pullback. Ideal for traders watching volume-backed breakout signals or swing plays.

๐Ÿ’ฌ Your Take: Are you buying, holding, or trading $WCT? Share your strategy below! ๐Ÿ‘‡โฌ‡๏ธ

โšก Trade & Follow: @WalletConnect $WCT

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