Recently, the native token WCT of WalletConnect has shown active performance in the market. According to the latest data, WCT is fluctuating mainly between 0.37 and 0.38 USD today. Technical analysis indicates a bullish sentiment in the short term, with various indicators collectively signaling a "buy" signal, and most of the moving averages and oscillators pointing towards bullish.

From the perspective of support and resistance levels, if WCT can hold the support level of $0.36-$0.37, it may challenge the key resistance level of $0.40. However, if it breaks below the current support, it may retreat to the range of $0.34-$0.32.

For investors who intend to participate, experts advise setting reasonable stop-loss levels. Once the price breaks below important support levels, one should be cautious of risks and decisively exit if necessary to avoid becoming a "knife catcher." Meanwhile, for investors who have already bought at high levels, more patience and a bit of luck may be needed to wait for the market to warm up.

It is worth noting that the cryptocurrency market is subject to severe fluctuations, and investors should act with caution, manage risks properly, and not invest more than they can afford to lose. At the same time, keep an eye on the fundamental developments of the WalletConnect project, as this may have a significant impact on the long-term value of WCT.