$WBETH /USDT Trading Signal - Testing Key Support
Current Price: $3,525.12
24H Range: $3,500.29 - $3,893.26
Analysis:
WBETH is in a bearish trend, trading below all major EMAs:
EMA(7): $3,546.87
EMA(25): $3,647.33
EMA(99): $3,755.20
The price tested the critical support level of $3,500.29 and is attempting a rebound.
Potential Setup:
Entry Zone: $3,510 - $3,540
Targets:
Target 1: $3,580
Target 2: $3,620
Target 3: $3,700
Stop Loss: $3,470
Observation:
The token is experiencing strong selling pressure but might see a technical bounce from current support levels. Breaking above EMA(7) would indicate a potential short-term recovery.
Actionable Advice:
Consider entering near $3,510 with tight risk management.
Watch for volume and momentum changes to confirm a reversal.
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