Here is a precise and concise analysis of the WCT (Waves Community Token) according to the current price: $0.4127 (as of June 6, 2025):
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🔹 Technical Overview
General trend: Sideways with a downward bias.
Nearby support: $0.4000 – an important psychological and technical support level.
Nearby resistance: $0.4500 – a previously broken level that has not been reclaimed.
RSI: at around 40 – still in the weak zone but has not yet entered oversold territory.
Trading volume: very weak, indicating low liquidity and interest.
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🔹 Quick Technical Analysis
The price is currently moving sideways above the support at $0.40.
Breaking this level could push the price to $0.36 – $0.35.
In case of a rebound and breaking $0.45, targets could be $0.50 – $0.52.
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🔹 Fundamental Analysis in Brief
The WCT project is relatively old and associated with the Waves network, which has lost a lot of its momentum.
No notable development activity or current partnerships.
It is considered more of a community token than an active investment.
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🔹 Summary
Current situation: Weak both technically and fundamentally, with low liquidity.
Short speculation? Possible only from support at $0.40 with a very tight stop loss.
Long investment? High risk and currently not recommended without new developments.
