#DayTradingStrategy
The WCT (Waves Community Token) is a token associated with the Waves platform and was initially used for voting and supporting projects. Today, it is considered a low liquidity token and classified among high-risk cryptocurrencies. Here’s a quick analysis for July 7, 2025:
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🔹 Current price (approx.):
WCT ≈ $0.005 – $0.009
(Prices may vary significantly depending on the platform due to low liquidity)
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📈 Technical analysis:
📉 General trend: Downward in the long term, with recent occasional fluctuations.
📊 Moving averages:
The price is much lower than the 50 and 200-day averages → indicates weakness.
🛑 Resistance: $0.010 (psychological level)
📍 Support: $0.004
💡 RSI: Below 40 → in the oversold zone, but there are no clear reversal signals.
❗ Volume: Very weak, making trading highly risky.
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🔍 Fundamental analysis:
🔸 The project is no longer officially active, and its core uses have ceased.
🔸 There are no significant updates or new partnerships.
🔸 The majority of trades are short-term speculative or via bots.