$WBTC WBTC/USDT Trading Signal - Testing Support After Pullback

Current Price: $100,780.09

EMA Trends:

EMA(7): $101,157.89

EMA(25): $100,934.59

EMA(99): $98,954.17

Observation:

WBTC/USDT is retracing after touching a 24-hour high of $102,364.59. The price is testing support near EMA(25) while remaining above EMA(99), indicating overall bullish strength. Strong 24-hour trading volume at 171.95 WBTC signals sustained market activity.

Potential Strategy:

Entry Range: $100,500 - $101,000

Targets:

Target 1: $101,500 (Immediate Resistance)

Target 2: $102,500 (24h High Retest)

Stop Loss: $99,500

Key Insights:

A rebound above EMA(25) could trigger a move back toward $102,500. Manage risk by securing partial profits at Target 1 and trailing stop-losses after reaching it. If the price dips below $99,500, it may signal further downside.

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