**🚨 DON’T CONFUSE THESE TWO: Why
$WCT is Actually PUMPING (+14%)**
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**🔴 TICKER WARNING (Crucial)**
- **WCTrades:** STRONG SELL. Down -10.2%. 15 Sell signals .
- **✅ WalletConnect Token (WCT):** **BULLISH. UP +14.36%.** Currently $0.3444. This is the one moving .
**📊 TECHNICAL BREAKDOWN (Why the Pump?)**
**1. MOVING AVERAGES FLIPPED BULLISH**
Price is now trading **above** the EMA(10), EMA(20), EMA(30), and EMA(50). This is the textbook definition of a trend reversal. Moving average rating is officially **BUY** (9 Buy signals vs 4 Sell) .
**2. MOMENTUM INDICATORS CONFIRM**
- **StochRSI (14):** 0.65 — **BUY signal**. Momentum is accelerating .
- **ROC:** 4.16 — **BUY**. Price velocity increasing .
- **RSI:** 52.15 — Neutral. **Not overbought yet.** Room to run .
**3. KEY LEVELS TO WATCH**
- **Resistance:** $0.3705 (EMA 100). Break above this = next leg up.
- **Support:** $0.3187 (EMA 10). Holding this = trend intact.
**❓ SO WHAT IS DRIVING THE PUMP?**
The search results **do NOT show specific news** (partnerships/announcements). This is a **TECHNICAL MOVE**:
- **Short squeeze potential:** Heavy bearish positioning on the WRONG token (WCTrades) may have trapped traders.
- **Accumulation phase:** Price bouncing from lows with increasing volume.
- **Long-term setup:** 2025 price predictions range from **$0.91 - $1.35** according to analysts, suggesting institutional confidence .
**📉 THE OTHER "WCT" IS A TRAP**
Do not buy WCTrades thinking it is the same coin.
- **Price:** ~$0.000016
- **Technical:** 15 SELL signals. 13/13 moving averages are SELL .
- **MACD:** Deep negative .
**🔥 FINAL VERDICT**
**WalletConnect Token (WCT)** is experiencing a **momentum shift**. The technicals flipped from bearish to bullish at key moving averages. This is not euphoria—this is structure breaking.
**Long target:** $0.37 → $0.40+
**Invalidation:** Losing $0.31 support.
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#wct $WCT #altcoins