WCT fell from $1.3 to $0.35, is this magnitude of price movement worth re-examining?

WCT is not a cryptocurrency asset without a development story; it is just that its fall process has been too calm, almost not attracting market attention. The drop from $1.39 to $0.35, with a more than 70% decline, has indeed deterred many investors.

However, a closer look at its price chart reveals some interesting technical indicators: the price is moving sideways, the volume is shrinking significantly, and the RSI indicator is showing an oversold state. The combination of these characteristics is often seen in technical analysis as a typical pattern of "the market may be ready to rise after a cleansing".

There is often a rule in the market: the most promising investment opportunities often appear in price areas where most people dare not participate due to fear. The current trend of WCTUSDT may be such a technical pattern worth paying attention to.