🚨 $WBTC WBTC/USDT Update: Testing $95,358 Support After 1.66% Drop! 🚨
Wrapped Bitcoin (WBTC) is currently trading at $95,358.21 (-1.66%), following a pullback from its recent high of $100,000. The market is observing closely for its next move—will WBTC hold support or slide further?
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🔑 Key Levels to Watch:
🚧 Resistance: $100,000 – A breakout above this psychological level could reignite bullish momentum toward $104,000.
🛡️ Support: $95,000 – A break below this level might signal further downside, testing the next support at $90,000.
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📉 Bearish Scenario:
If WBTC loses momentum and dips below $95,000, expect further declines, potentially revisiting the $90,000 zone.
🚀 Bullish Scenario:
A strong bounce from $95,000 and a breakout above $100,000 could lead to a renewed rally, targeting $104,000 or higher.
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💡 Trading Tip: Use tight stop-losses near key levels and watch volume for breakout confirmation. WBTC’s large price swings demand disciplined risk management.
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