#SolvProtocolMegadrop $WBETH

TH/USDT Technical Analysis: Aiming for Key Levels 🎯

📊 Current Price: $3,561.71 (+0.46%)

WBETH/USDT has shown a steady increase in price over the last 24 hours, maintaining a positive momentum. As traders closely monitor key levels, here's a breakdown of the technical outlook for WBETH/USDT:

Key Support and Resistance Levels:

1. Support Level: $3,500.00

This level has proven to be a reliable support in recent price movements, suggesting a strong buying interest around this point. Traders looking for potential entry points may consider this level.

2. First Target (Resistance): $3,580.00

The immediate target for WBETH/USDT is at $3,580.00. A break above this level could signal further bullish momentum and attract more buyers to push the price higher.

3. Second Target: $3,600.00

If the bullish trend continues, $3,600.00 will be a critical resistance level to watch. A breakout here could lead to additional upward movement, confirming the strength of the bullish trend.

4. Third Target: $3,638.32

The 24-hour high of $3,638.32 remains the upper limit for WBETH/USDT. If the price can push through this point, expect a continuation toward higher highs.

Market Outlook:

Bullish Scenario: A successful push above $3,580.00 could lead to a retest of the $3,600 and $3,638 resistance levels.

Bearish Scenario: A drop below $3,500.00 might signal a deeper pullback toward lower levels.

🔑 Key Takeaways:

Watch for a breakout above $3,580.00 for further upward momentum.

Keep an eye on the $3,500.00 support for potential bounce-back opportunities.

🚀 Keep an eye on these key levels and make informed trading decisions based on your risk tolerance.