#WalletConnect 7.27 Market Overview: Is WCT forming an M-top and bouncing back?

$WCT formed multiple resistance at 0.3795 and created an M-top structure, finally finding support at 0.3619. Let's see if the market will completely form the M-top before rebounding to create a V-recovery.

Wait for a right-side breakout at 0.3715 to establish long positions, with a stop at 0.3693 and targets at 0.3795 and 0.3874; conversely, if a solid bearish candle breaks below 0.3619, enter short positions, with a stop at 0.3693 and targets at 0.3513 and 0.3468; on the right side, wait for a pullback to 0.3619 not to break or to break and recover above to enter long positions, with a stop at 0.3588 and targets at 0.3715 and 0.3795@WalletConnect

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