🚨 WCT/USDT Perp Update – Real-Time

Price: ~$0.2983 🔻 ~–3.1% (recent dip into $0.29–$0.30 zone)

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📰 News / Fundamentals

WalletConnect Token acts as the utility and governance token for the WalletConnect Network, which currently integrates with over 61,000 dApps and supports 700+ wallets across multiple chains. Continued platform usage drives real-world demand, though no major news or new partnerships recently.

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📈 **Technicals (M15, H1, H4, D1)**

Recent action shows WCT reclaiming a downtrend breakout on the 6H chart, holding support near ~$0.309 and signaling a potential reversal. Traders note an upside target near $0.6165 if momentum sustains. Binance Square commentary highlights oversold price near $0.2940 with possible bounce toward $0.32 if price breaks above ~$0.3020.

Bitget daily technical rating is Neutral, with 8 indicators buy, 9 sell, and overall oscillators largely neutral; MACD and ROC slightly positive. RSI ~54.8 (neutral) supports cautious view.

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🐋 Whale / Smart Money

No clear on-chain large accumulation signals observed; most moves appear retail-led.

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🔖 Support / Resistance

Support: $0.2940 – $0.2980

Resistance: $0.3020 – $0.3100, breakout zone $0.32, next near $0.33 – $0.35

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🎯 Sentiment: Neutral–Slight Bullish

While daily metrics remain cautious, technical oversold conditions and recent breakout hint at possible short-term upside.

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🚥 Trade Ideas

Long bias: Entry near $0.295 – $0.298 (on support hold), SL $0.292, TP1 $0.310, TP2 $0.320

Short bias: If rejection near $0.302 – $0.305, entry $0.303 – $0.305, SL $0.307, TP1 $0.295, TP2 $0.290

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Overall outlook remains neutral with slight bullish lean if price holds above $0.294 and breaks past $0.302–$0.310. Failure to hold support could see retest toward $0.288–$0.290. #WCT_USDT #WalletConnect #CryptoAnalysis