WCT Breaks Out of Triangle Pattern, Aims for $0.64 Level

WalletConnect Token (WCT) has surged past a key resistance level, following a breakout from a symmetrical triangle pattern. The price increase marks a 60% gain since its consolidation phase. Key support currently sits at $0.4969, while resistance is predicted to be around $0.6541. WCT’s impressive surge has been driven by increasing demand for the token and rising interest in DeFi applications. Technical analysts are closely watching this breakout as it indicates a potential shift towards a bullish trend. 3-day chart analysis shows WCT breaking out of the triangle pattern, indicating increased buying pressure and momentum.