$WCT
๐ Technical Analysis for WCT Coin โ Dated 8/6/2025
๐น Current Price: 0.435 USDT
๐น Weekly Performance: -28% ๐
๐น Trading Range: Between 0.433 โ 0.455 USDT
๐น Last Peak: 1.39 USDT (End of May)
๐น Key Support: 0.4239 USDT
๐น First Resistance: 0.5533 USDT
๐ง Technical Recommendation (Based on Indicators):
โ Moving Averages: "Strong Buy"
๐ Instant Indicators: Neutral to Positive
โ ๏ธ Some platforms (like Bitget) show "Strong Sell", reflecting short-term confidence volatility
๐ฏ Suggested Trading Strategy:
First Buying Point:
๐น Between 0.425 โ 0.430 USDT (Support Area)
๐ธ Stop Loss: Below 0.42
๐ฏ Targets: 0.55 โ 1.00 โ 1.35 USDT
Second Buying Point (for risk-takers):
๐น Upon breaking the resistance 0.56 with a clear close
๐ธ Stop Loss: 0.54
๐ฏ Targets: 0.997 โ 1.35 USDT
๐ก Important Tips:
Donโt forget to manage your capital and clearly set your stop loss
Monitor trading volumes and official announcements from the WalletConnect team
Expectations for continued upward movement depend on a stable break above 0.55
๐ Note: This analysis is for educational purposes and is not considered direct investment advice. Do your own research before making any trading decisions.