"WBTC/USDT: Stability Signals Resilience Amid Volatility"
#Wrapped Bitcoin
$WBTC is trading at $97,019.05, showing a slight daily increase of 0.15%, as the market consolidates around a pivotal range. Over the last 24 hours, the price fluctuated between $95,189.21 and $99,295.29, reflecting sustained support at $96,208.93. The RSI sits at 51.20, indicating neutral momentum with potential for a directional shift. MACD signals are stabilizing with slight bullish tendencies, suggesting cautious optimism among traders.
Key resistance lies at $98,373.34, and a break above this level could ignite a retest of the psychological $100,000 mark. Downside risks remain contained as long as the price stays above $95,000. Traders should monitor volume and momentum indicators closely for confirmation of the next trend. This phase offers opportunities for both range-bound traders and those eyeing potential breakouts.
#WBTC #CryptoTrading #Bitcoin