🔥 WCT (WalletConnect Token) Technical Analysis – Heavy Update with Key Support & Resistance Levels
🟢 Current Market Position
Current Price: Around $0.4069, down approximately 7% in the last 24 hours.
24h High/Low: $0.4398 (High) – $0.4007 (Low).
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🔼 Upside Potential & Strength
In May, WCT consolidated strongly around $0.55–$0.60 zone before breaking out upwards.
On Binance, WCT built strong support around $0.60–$0.65, and tested the first resistance at $0.70.
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🔻 Downside Risks & Weakness
According to CoinGabbar, WCT hit an all-time high of $1.39 on May 30 and sharply corrected by 42%, now trading around $0.61, sitting near its 25-day MA.
Potential further supports are at $0.60 (1st level) → $0.40 (early May breakout zone) → $0.20 (if severe correction occurs). #btc #eth $SOL #wct
📊 Ethereum (ETH) Key Levels Update 📅 Date: June 4, 2025 Current Price: $2,651
🔻 Support Levels:
$2,620 – Minor Support
$2,580 – Strong Support Zone
$2,500 – Key Psychological Support
🔺 Resistance Levels:
$2,680 – Immediate Resistance
$2,720 – Short-Term Resistance
$2,800 – Major Breakout Level
📈 Market Outlook: ETH is currently consolidating. A clean breakout above $2,720 could open the way toward $2,800. However, losing the $2,580 level might bring further downside pressure. #eth
Current Price: $106,187 Trend: Consolidating after recent volatility
🔹 Resistance Levels:
$108,000 – Key short-term resistance
$110,000 – Psychological barrier
$112,000 – Recent high (May 22)
🔹 Support Levels:
$104,500 – Immediate support
$102,000 – Secondary support
$100,000 – Major psychological support
📈 Analysis: Bitcoin is currently consolidating around the $106K mark. A breakout above $108K could signal a bullish trend towards $110K and beyond. Conversely, a drop below $104.5K might lead to a retest of the $102K support level.
🧠 Strategy Tip: Monitor trading volume near resistance levels. A high-volume breakout above $108K could confirm bullish momentum. However, low volume might indicate a potential fakeout.
Stay vigilant and manage your risk accordingly! 🚀 #BTC #Bitcoin #CryptoAnalysis #TradingUpdate