$WCT /USDT Market Report ⚠️
WalletConnect Token is showing signs of consolidation after a strong upward move.
▫️Key Levels to Watch:
• Support: $0.4033 – Holding this zone keeps bulls alive
• Resistance: $0.52 – Breakout above could target $0.60–$0.65
• Short-Term Bias: Neutral to Bullish
• Volume: Gradually decreasing – signaling possible breakout setup
Indicators:
• RSI: Neutral zone
• Price Action: Forming a triangle – breakout likely soon
• MA Levels: Price hovering near MA50; watch for trend confirmation
Scenario:
• Bullish: Break above $0.52 = potential rally toward $0.60+
• Bearish: Drop below $0.4033 = invalidates setup; consider short
▫️Conclusion:
WCT is at a critical juncture. Breakout or breakdown — both setups are forming. Keep an eye on volume spikes and breakout candles
