⚠️ $WCT – Bearish signals increase amid weak momentum
$WCT shows a concerning technical pattern, with increasing selling pressure and declining momentum indicators, suggesting the possibility of testing critical support levels.
📉 Technical indicators:
- RSI is flattening near the overbought zone, indicating waning momentum
- MACD is bending towards a negative crossover, reflecting sellers' dominance
- Trading volumes are decreasing, indicating weak demand
🐋 On-chain data:
- Exchange balances are rising, indicating readiness to sell
- Wallet growth is slowing down, and whales are quietly distributing
- Trading flows indicate a gradual exit from the market
💬 Social sentiment:
- A noticeable decrease in discussions about WCT
- Community enthusiasm is waning, and the mood is shifting to caution
📌 According to market analysis and data, the overall trend for WCT is leaning bearish, with technical and behavioral signals confirming weak momentum.
Risk management is essential, and focusing on support levels and flows is crucial at this stage.
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