"What goes up, must come down; What comes down must recover." It is a new saying.
Here we have WalletConnect trading at support. Once support is found, specially after a strong correction, we can expect the market to turn and produce growth.
Consolidation preceding the ath happened between late April and early May. This same zone is the one that was activated as a higher low. A clear support.
We sell at resistance and buy at support. Keeping it simple.
This pair is now a buy. Buy and hold.
Remember to do your own research and planning because market conditions can always change. While we expect a bullish breakout to happen within weeks or days, sometimes it can take months. It can take months but the end result is always growth. We are now in the 2025 altcoins market bull market so buckle up, it will be a wild ride, it will be profitable and it will be fun.
Namaste.