$WCT /USDT SHORT TRADE SETUP – BEARS IN CONTROL
Current Price: 0.3026
Market Structure: Price has rejected from the 0.3196 high and is showing consistent lower highs with strong bearish candles. Sellers are in control, pushing WCT closer to key support levels.
ENTRY LEVEL:
Look to enter short between 0.3035 – 0.3055 on a minor pullback.
STOP LOSS:
Place stop loss above 0.3090 to protect against sudden reversals.
TARGET POINTS:
TP1: 0.2990
TP2: 0.2960
TP3: 0.2920
TRADE ANALYSIS:
WCT is under selling pressure after failing to hold above 0.3100. The chart shows clear bearish momentum, and with volume picking up on red candles, a further downside move looks likely. A rejection near the 0.3050 zone will provide a strong confirmation for short entries.
#WalletConnect is reshaping the way users interact with Web3 by enabling secure, decentralized connections between wallets and dApps across multiple chains. With over 300 million+ connections for 47.5 million users, the WalletConnect Network has become a cornerstone of on-chain interoperability. Powered by the $WCT token on Optimism and Solana, the network drives decentralized governance, staking, and enhanced user experience (UX) while maintaining end-to-end encryption. Since its launch in 2018, @WalletConnect has supported 600+ wallets and 65,000+ apps, making it one of the most trusted open-source protocols in crypto. By eliminating barriers and providing chain-agnostic access, it empowers users and developers to build, connect, and scale with confidence. As Web3 adoption accelerates, #WalletConnect and WCT are set to play a critical role in shaping the future of decentralized connectivity.
