Bitcoin is waqt 1 hour chart par ascending triangle pattern bana raha hai jo ke aam tor par aik bullish pattern mana jata hai.
📍 Major resistance area $106,000 par mojood hai. Agar Bitcoin is resistance range ka clear breakout deta hai aur candle uske upar close hoti hai, to price mein mazeed upar ki movement dekhne ko mil sakti hai.
Lekin agar Bitcoin is ascending triangle ka breakdown karta hai yani neeche wali trendline toot jati hai to phir price neeche ki taraf jae ge.
Abhi market zyada fundamentals par react kar raha hai, is liye sirf technical analysis par pura bharosa na karein.
As of May 26, 2025, WalletConnect Token (WCT) is trading at approximately $0.647 USD on Binance. The token has experienced a notable upward trend recently, with a 24-hour increase of 1.48% and a 30-day gain of 53.56% . Technical Indicators: Support Levels: $0.60 and $0.599, providing a cushion against downward movements . Resistance Levels: Immediate resistance at $0.6800, with a major resistance at $0.6998 . MACD: A recent 'golden cross' on the hourly chart suggests potential bullish momentum . RSI: Currently at 62, nearing the overbought threshold, indicating a possible short-term pullback . Market Sentiment: The recent announcement of a 5 million WCT airdrop on the Solana network has contributed to increased interest and trading volume . However, the RSI nearing overbought levels suggests that traders should exercise caution, as a short-term correction may occur. Trading Strategy: Breakout Play: Consider entering at $0.6800 upon confirmed breakout, targeting $0.6998 to $0.7200, with a stop loss at $0.6600 . Pullback Play: Alternatively, wait for a pullback to the $0.6450 support level, aiming for targets between $0.6800 and $0.6998, with a stop loss at $0.6300 . Given the current market conditions and technical indicators, WCT exhibits bullish tendencies. However, traders should remain vigilant for potential short-term corrections and adjust their strategies accordingly. #WCT