#WalletConnect and $WCT and @WalletConnect Technical Analysis #WalletConnect currently 🔧

Currently, $WCT is trading in the range of $0.31–$0.32, above strong support around $0.3078 with resistance in the range of $0.3228. Movement above the intraday high of $0.3219 could trigger a potential retest to $0.33–$0.35, but the 'doji' candle and decreasing volume indicate that momentum is not strong yet 📉.

–– RSI and short-term EMA are in the neutral area, indicating that the breakout or breakdown will be guided by market sentiment & liquidity.

–– Recommendation: If a breakout occurs with volume, an aggressive entry area at $0.322 could be considered, with a stop loss below support at $0.307.

Support the ecosystem and governance @WalletConnect — believe that the utility of WCT for staking & cross-chain transactions will grow along with the increased adoption of dApps! $XRP $WCT #WalletConnect