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#WCT#
WCT (WalletConnect Token)
Support Levels
* $0.55 - $0.58: This is an area that has previously acted as resistance and could now act as strong support.
* $0.91 - $0.98: As a previous consolidation area, these levels could act as a solid base for the price. If the price breaks into this area, there could be strong buying interest.
* $0.68 - $0.70: These are important support areas where the price could fall in the event of a longer-term and deeper correction. The $0.68 level in particular could be seen as the final support point in a larger decline.
Resistance Levels
The major resistance levels identified are:
* $0.69 - $0.70: This is an immediate resistance level that was recently tested and that the price must overcome in order to continue its upward movement.
* $0.83: If the $0.88 level is broken, this is the next major resistance point that the price could target.
* $0.94 - $0.98: These levels are longer-term and significant resistance areas for WCT. Breaking out of these areas would signal a stronger uptrend.
* The all-time high for WCT is around $1.21. This level is the strongest resistance that must be overcome to reach a new high.
Overall Assessment
WCT is currently showing bullish momentum in the short term, with various analyses indicating that the price could continue its upward movement.