🚀 $WCT T: The Foundation of Web3 Infrastructure is Heating Up!
The chart for WCT/USDT is showing signs of a major transition. After a period of heavy consolidation, we are seeing the classic "exhaustion" of sellers near historical support levels.
📊 Technical Breakdown:
Falling Wedge Breakout: WCT has been compressing within a falling wedge pattern on the daily timeframe. A decisive break above the resistance line could trigger a massive momentum shift.
Key Support: The $0.065 – $0.070 zone is acting as a "floor," where whales and long-term holders appear to be accumulating.
Target Zones: If the breakout holds, the first major resistance sits at $0.095. A move past this opens the doors to the psychological $0.11 – $0.15 levels.
Indicators: RSI is climbing out of the oversold region, and the MACD is signaling a potential bullish crossover.
💡 Why WCT Matters:
WCT isn't just another token; it’s the backbone of the WalletConnect Network. As the industry moves toward "Chain Abstraction," the utility of WCT in staking and governance becomes critical for the 600+ wallets and 40,000+ dApps it powers.
Bottom Line: The risk-to-reward ratio at these levels is becoming hard to ignore. Watch for a high-volume candle to confirm the trend reversal!
#WCT #WalletConnect #CryptoAnalysis #BinanceSquare #Altcoins $WCT
