$WBTC /USDT Trading Update – Bounce or Continuation?

Current Price: $95,407.22 (-5.14%)

Key Data:

24h High: $100,635.03

24h Low: $94,472.38

24h Volume (WBTC): 213.19

24h Volume (USDT): $20.71M

Market Observation:

$WBTC /USDT is currently consolidating after a sharp drop from $102,364.59. Immediate support at $94,472.38 appears to be holding, with a slight recovery seen near $95,407.22.

Key Levels to Watch:

Resistance Zone: $96,971.58 - $99,865.39

Support Zone: $94,472.38 - $94,077.76

A sustained move above $96,971.58 could signal a bullish recovery targeting $99,865.39. However, failure to maintain the current support zone might lead to further downside testing below $94,000.

Traders should monitor volume surges and candlestick patterns for better entries and exits.

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