đš $WBTC
Eyes Key Resistance Amidst Momentum! đš
$WBTC is trading at $100,087.63, up 2.00%, as it hovers near significant resistance after rebounding from its recent low of $91,041.20. The price is now testing critical levels with potential for a breakout.
đĄ Key Levels to Watch:
Resistance: $101,632.90 â A breakout above this 24-hour high could pave the way for a rally toward $103,500+.
Support: $98,774.17 â Holding above this EMA (25) is crucial to maintain bullish sentiment. A drop below may lead to a test of $96,910.64.
đ Bullish Scenario: If can break through $101,632.90, the next targets could be $103,500, $105,000, and beyond.
đ Bearish Scenario: Failure to hold $98,774.17 could see retrace toward $96,910.64 or further to test $94,990.53.
đ Trade Setup:
Entry: Around $100,087.63
Take Profit Targets: $101,632.90, $103,500, $105,000
Stop Loss: Below $96,910.64