Can $WCT Token Rebound Soon?


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WalletConnect is one of the most important infrastructures in Web3, acting as the bridge between wallets and decentralized applications. Its WalletConnect Token (WCT) plays a key role in governance and utility across its growing ecosystem, making it a core asset for users who believe in seamless and secure multi-chain connectivity.


Currently, WCT/USDT is trading at $0.3152, down -6.13% in the last 24 hours, reflecting short-term selling pressure.


🔹 Support & Resistance Levels:


Immediate Support: $0.3105 (24h low) – a crucial level that needs to hold to prevent further downside.


Stronger Support: $0.3008 – losing this could extend bearish pressure.


Immediate Resistance: $0.3226 (7-day MA).


Key Resistance: $0.3386 (24h high) – reclaiming this level could spark a recovery rally.


📊 Technical Outlook:


RSI (28.83) is in the oversold region, suggesting a potential rebound is forming.


MACD (-0.0016) shows bearish momentum, but flattening histograms indicate selling may be cooling down.


Price is consolidating near the 99-day MA ($0.3181), making this zone a pivot for the next move.


🚀 Recovery Watch:

If WCT holds above $0.3100 and regains strength above $0.3226, a push toward $0.3386 is possible in the short term. A decisive breakout over $0.3386 could open the path to $0.3539 and higher.

#Altcoin Season# #AltcoinSeason

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August 18, 2025 at 4:01 PM
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