WCT Coin Technical Analysis
WCT (World Challenge Token) has been showing mixed momentum in recent days. The price action indicates that the token is trading in a consolidation phase after a recent spike. On the daily chart, WCT is facing resistance near the ₹0.80 – ₹0.85 level, while the support zone lies around ₹0.55 – ₹0.60. If the price breaks above ₹0.85 with strong volume, a bullish breakout could push it toward ₹1.10 – ₹1.20 in the short term.
The Relative Strength Index (RSI) is hovering around 55, indicating neither overbought nor oversold conditions — suggesting that a breakout could go either way. The MACD line is currently above the signal line, hinting at a possible bullish crossover forming.
From a fundamental perspective, WCT's recent token burn events and community activity have increased attention, but the coin still depends heavily on social media hype and speculative interest. Investors should monitor volume closely — rising volume on upward price action is a positive sign.
In conclusion, WCT is at a key decision point. If bulls gain control and break resistance with volume, a short-term rally is likely. However, caution is advised below ₹0.55, as it could trigger further downside pressure. Always use stop-loss and proper risk management.$WCT