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WCT as a wallet ecosystem token, its price trend often reflects real usage demand—wallet activity increases → creates a strong need for WCT → buying support → price changes, this is the basic logic. However, from recent performance, there are obvious signs of short-term hype and cashing out, and the fundamental support is insufficient.
From a technical perspective, a clearer adjustment signal has appeared on the daily chart. The ongoing downward trend is unfolding, indicating that bearish forces are gradually accumulating. This kind of movement usually suggests the possibility of further downward space.
The current key question is: at what level will WCT stop falling? This requires continued observation of subsequent K-line movements, especially paying attention to trading volume and support level breakouts. It is more prudent to stay alert in the short term and wait for clear technical signals indicating a trend reversal.