🚨 $WCT Direct Listing Increased +82%! But There Are Important Notes...
Today, $WCT officially listed on Binance and immediately recorded a significant increase of more than 82% in just 1 hour of trading.
📊 Price movement details:
- Low: $0.2000
- High: $0.4113
- Currently trading around $0.3648
The 24-hour trading volume recorded is very high, at 139.71 million WCT indicating a large liquidity response from the market to this listing. However, technically, the 1H candle formation shows a sharp spike which could just be an initial reaction from the price discovery phase.
📌 It should be noted that this initial spike is often not a representation of the project's real value. This condition is vulnerable to quick profit-taking actions, especially in a market that tends to respond to listing hype.
⚠️ Advice for market participants: Don't get caught up in short-term euphoria. Price structure is not stable, there is no confirmation of strong support, and distribution patterns can occur quickly. Risk management is the top priority in situations like this.
Notes : Not Promotion & Not Financial Advice
