$WBTC /USDT Technical Analysis – Bullish Momentum Building

Current Price: $106,250

Timeframe: 30-Minute Chart (Binance)

Trend Analysis:

Breakout Confirmation: WBTC/USDT has surged past $106,000 with strong bullish momentum after consolidating near $104,000.

Volume Surge: The increasing volume confirms buyers' strength as WBTC pushes toward new highs.

Key Levels to Watch:

1. First Target: $106,800 – Resistance at recent highs. A breakout here could attract further momentum.

2. Second Target: $107,500 – Previous strong resistance level; breaking this confirms upward trend continuation.

3. Third Target: $108,200 – Potential next supply zone; achieving this level could set up a longer-term bullish scenario.

Stop Loss: Below $105,500 – Maintain risk management with this level as support for the current move.

RSI Insights: The RSI is showing bullish strength but nearing overbought conditions. Monitor closely for pullbacks to re-enter.

Trading Tip: A breakout above $106,500 with strong volume will likely fuel the move toward our targets.

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