🚀 Cautious entry opportunity on WCT at strong support areas
WalletConnect (WCT) is currently trading near the level of 0.298 USD after a sharp decline from higher levels, placing it in a historic support range that may present an entry opportunity for cautious speculators or long-term investors, while considering the high volatility and existing selling pressures.
Entry area: 0.285 – 0.300 USD
First target: 0.325 USD
Second target: 0.375 USD
Stop loss: 0.274 USD
Technical outlook: Currently a technical sell, but a rebound opportunity is likely from strong support.
Alert: It is advised to enter with small amounts and manage capital carefully, especially given the current market volatility.