🚨$WBTC WBTC/USDT Dips -1.46% – Correction or Preparation for a Move? 🚨

$WBTC is currently trading at $95,797.43, pulling back slightly after reaching a 24-hour high of $98,251.51. While the price holds close to the psychological $100,000 level, traders are closely monitoring the next key moves.

💡 Key Levels to Watch:

Resistance: $98,000 – Breaking above this could lead to a test of $100,000 and beyond.

Support: $95,500 – Holding this level is crucial to prevent further downside toward $93,000.

📈 Bullish Scenario:

If bounces from current levels and reclaims $98,000, it could target $100,000 with momentum building for a breakout.

📉 Bearish Risk:

A failure to hold $95,500 might trigger a pullback to $93,000, offering a potential entry point for long-term buyers.

⚠️ Pro Tip:

Watch for increasing volume and confirmations before entering. High volatility near key psychological levels like $100,000 demands cautious positioning and tight stop-losses.

Will $WBTC break through the resistance or consolidate further? Stay alert for the next major move!

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