$WCT /USDT brief analysis:



Price and Trend: The current price is 0.3596 USDT, reflecting a 3.75% decrease over the last 4 hours. The chart shows a recent sharp decline, with a significant red candle indicating selling pressure, followed by a slight recovery attempt.

Volume: Trading volume has spiked recently, with 10.47M USDT in the last 4 hours, suggesting increased market activity or a reaction to the price drop.

Support and Resistance: The price appears to be testing a support level around 0.3466 (24h low). Resistance is likely near the recent high of 0.4140.

Moving Averages: The Volume SMA indicates sustained interest, but the price trend suggests bearish momentum in the short term.

Timeframe Performance: Over 7 days, the price is up 8.51%, and over 30 days, it’s up 13.51%, indicating a longer-term bullish trend despite the current dip.
WCT-2.43%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)