#VietnamCryptoPolicy
๐ฎ $WCT Market Check โ Bullish or Bearish?
๐ Current Price: ~$0.378
๐ Down ~72% from ATH of $1.35 (May 2025)
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๐ป Bearish Signs:
Trending below key resistance (~$0.40) with no strong volume breakout.
Low staking engagement vs. potential supply unlocks.
Macro market and L2 tokens cooling off after the May hype.
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๐ Bullish Potential:
Massive Web3 utility: over 150M WalletConnect connections/month.
Real governance & staking use-case, not just a hype token.
Early in lifecycle: only ~19% of supply in circulation.
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๐ My Take:
Currently leaning neutral to slightly bearish short-term. If price holds below $0.38, we might revisit $0.35โ0.33.
But a break above $0.40 with volume? Thatโs where the bull case gets real โ targeting $0.45โ0.50.
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๐ Watchlist Zones:
๐บ Bull trigger: $0.405+
๐ป Bear risk: $0.365 breakdown
#WCT #WalletConnect #CryptoUpdate #Altcoins #DeFi #L2
