#wct
📊 WCT Technical Analysis
🔹 Introduction
Today, WalletConnect Token (WCT) is trading around $0.3465, with a tight daily range between ~$0.335 to $0.352 .
🔍 Technical Summary
1-day technical ratings show a ’Buy’ bias, with 11 Buy, 8 Neutral, and 6 Sell signals across oscillators and MAs .
Oscillators (MACD, ROC, StochRSI) lean bullish: 4 Buy, 6 Neutral, 0 Sell .
Moving Averages show mixed signals: 7 Buy, 2 Neutral, 6 Sell—short-term EMAs/SMA (10–30) suggest bullish momentum; longer-term MAs (50–200) indicate caution .
Pivot points reveal resistance levels around $0.356–0.364 and support zones near $0.324–0.336 .
🌐 Broader Perspective
Investing.com labels WCT a “Strong Buy” on daily timeframe, supported by bullish MACD, StochRSI, CCI, and majority of MAs .
TradingView strikes a more balanced tone, calling both oscillator and MA readings Neutral .
✅ Key Levels to Watch
Short-term support: $0.335–0.336 (recent lows & cluster of 10–20 MA).
Resistance: $0.356–0.364 (daily pivot caps + 30/50 MA range).
Catalysts: A sustained breakout above $0.364–0.376 could confirm renewed bullish momentum; a drop below $0.335 may shift sentiment to neutral/negative.
📈 Summary
WCT shows a cautiously bullish setup: short-term indicators lean positive, but longer-term averages urge prudence. Price action around pivot zones in the next sessions will likely define the near-term trend!
