Technical Analysis of $WBETH
/USDT
Current Price: $4,245.87
Trend: Neutral to Bullish
Support Levels:
$4,102.65 (24h Low)
$4,177.81 (Depth Indicator)
Resistance Levels:
$4,340.00 (24h High)
$4,351.87 (Depth Indicator)
Momentum:
Current Momentum: Positive (up 1.50% in 24 hours)
The price has been fluctuating around current levels, indicating stability but a potential to push further higher if the trend continues.
Indicators:
RSI: Neutral (~55), not overbought or oversold.
Moving Averages: Bullish crossover suggesting short-term upward movement.
Trade Signal
Buy Signal: If price holds above $4,200, target first resistance near $4,340. Watch for a sustained move above $4,245 for a possible breakout.
Target Levels:
🎯 Target 1: $4,340 (Immediate resistance)
🎯 Target 2: $4,400 (Next higher resistance based on depth analysis)
🎯 Target 3: $4,450 (Potential long-term target if bullish momentum continues)
Stop Loss: Place stop around $4,100 to limit risk.
Overall, the bullish momentum is strong, with a slight upward trend, making it favorable for a buy with the identified target levels.
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