$WCT {spot}(WCTUSDT) Reversal on the Horizon? @WalletConn
Daniel_BNB
Updated at: 3 hours ago
{"content":"$WCT
{spot}(WCTUSDT)
Reversal on the Horizon?
@WalletConnect is showing early signs of a potential trend reversal following a recent downtrend. The current price at $0.3096 is supported by a strong green engulfing candle — often an early indicator of a bottom bounce.
Key Targets to Watch:
• $0.3180 – Minor resistance; a close above may confirm bullish intent.
• $0.3300 – Major resistance at the MA99 level. Flipping this zone could signal a trend shift.
• $0.3480 – July range high; reclaiming this would show strong market conviction.
Support Zones:
• $0.2980 – Local support from the MA7/MA25 convergence.
• $0.2850 – The recent bottom; a breakdown here invalidates the bullish scenario.
Quick Take:
$WCT has pushed above both the MA7 and MA25, suggesting early bullish momentum. While buyers are stepping in, a break and close above the MA99 will be crucial for confirming a full reversal. Volume will be the key to watch in the sessions ahead.
#WCT #WalletConne ","images":[],"tags":[],"tradingPairs":["WCT/USDT"],"quotearticleid":0}