$WCT is experiencing a parabolic rally but hitting resistance near $0.7197, showing signs of rejection. A short trade setup is identified with the following parameters : - *Entry Zone:* $0.7050 - $0.7150 - *Take Profit Targets:* - *TP1:* $0.6850 - *TP2:* $0.6650 - *TP3:* $0.6450 - *Stop Loss:* $0.7250
*Key Levels:*
- *Resistance:* $0.7200 (strong supply zone) - *Support:* $0.6650 (structure base before breakout)
The market shows exhaustion candles and long upper wicks, hinting at a possible reversal or healthy pullback. Consider using a trailing stop and look for confirmation with a bearish engulfing or RSI divergence before entering the trade.
WalletConnect enables seamless connections between wallets and apps, allowing users to transact across multiple blockchains and platforms. The WalletConnect Network is a decentralized infrastructure that provides a solution in three parts . - *Network:* A distributed network relaying messages between multiple node operators. - *SDKs:* Software development kits providing an easy developer experience. - *Standards:* WalletConnect-led standards ensuring compatibility across apps, wallets, and chains.
*Current Use Cases:*
- *Staking:* Node operators stake to participate, while token holders stake to secure the network and participate in governance. - *Governance Participation:* Token holders can vote on governance proposals.
WalletConnect's solution enhances user experience and removes limitations based on user preferences. With WalletConnect's technology, users can enjoy a seamless experience when interacting with various blockchain-based applications.
The current price of WCT is 0.650 USDT, with a 4.38% increase.
$FLOKI is gaining momentum with a current price of $0.00011525, showing a 10.72% increase backed by 367.7B volume. The chart indicates a clear bullish breakout with strong green candles and rising demand.
*Key Levels:*
- *Support:* $0.00011200 - *Resistance:* $0.00014000 and $0.00018000
If $FLOKI holds above the $0.00011200 support, it could see a steady climb toward higher targets. With meme coin hype returning and strong trading activity, this setup could potentially deliver 2-3x returns in 5-6 weeks.
Cetus Protocol, a decentralized exchange on the Sui network, experienced a significant security breach, resulting in a substantial decline in associated tokens. Here's what's known so far: - *Incident Details:* The Cetus team detected a problem in their protocol and temporarily stopped their smart contract for security purposes. They're investigating the issue and plan to release a detailed statement soon. - *Financial Impact:* Over $260 million worth of cryptocurrency was withdrawn from the system, with most of it converted to USDC and transferred to the Ethereum network. Token prices, including LOFI, HIPPO, and CETUS, plummeted by more than 50% within an hour. - *Binance's Response:* Binance CEO Richard Tong stated that they're aware of the concerns and are working to support the ecosystem and provide necessary assistance.
*Token Price Impact:*
- *CETUS Price:* Fell from $0.25 to $0.17 following the incident.
Enzyme (MLN) is trading at $9.26, with buyers defending the support level near $8.60 and sellers active around the $9.25 resistance zone. A breakout above $9.25 with strong volume could signal a buying opportunity, while a drop below $8.60 might increase selling pressure.
Trump's dinner is tonight, and 220 $TRUMP memecoin holders are attending, including TRON's Justin Sun, who holds around $19 million worth of the coin. Here are some key details about the event: - *Average Investment:* Each guest spent approximately $1.79 million, with total spending reaching around $394 million. - *Median Investment:* The median buyer invested about $348,000. - *Attendee Demographics:* A significant majority, 72%, of attendees are not from the United States.
The announcement of this dinner on April 23 sparked a price spike in $TRUMP, but the coin's value has been volatile since then. You can stay updated on market movements through financial news sources like Google Finance.
$RUNE is showing a strong bullish trend, up 10.59% with a current price of $1.973. The market structure indicates higher highs and strong green momentum.
$ORDI is showing a strong bullish trend with a current price surge, up 13.51%! The market structure indicates a breakout above key resistance, with higher highs and engulfing candles on the hourly chart.