Wrapped Bitcoin $WBTC
is currently trading at $104,512, closely tracking the value of Bitcoin. Key levels to watch include strong support at $100,000, which reflects significant buying interest, and resistance at $108,000, where a breakout could spark a move toward $110,000 or higher. Traders should consider entering near the $100,000 support level, with short-term targets around $108,000 for potential gains. Alternatively, a clean break above $108,000 could signal a further surge toward the next resistance at $110,000. WBTC offers an excellent opportunity for those seeking Bitcoin exposure while leveraging the Ethereum blockchain, making it a solid option for strategic entry and breakout plays.
