“$WCT exploded recently — but is this just the beginning or the top?”
WalletConnect Token ($WCT) has been on a strong bullish run lately, trading around $0.657, which is just below its recent all-time high of $0.7489 reached on May 20, 2025. Over the last 30 days, it's up 66%, with a 33% surge in the past week alone. However, a sharp 33% drop in 24h trading volume suggests a cooldown might be setting in.
While the price action remains strong, RSI is nearing overbought zones, so short-term traders should be cautious. This is the point where trailing stop-losses or partial profit booking can help reduce risk. Stay focused, not emotional.