$WBTC

/USDT Technical Analysis & Trade Signal:

Current Price: $106,889.38

24h Change: -0.32%

Momentum: Slight bearish momentum, price currently trading below the previous high ($107,990.29) but above the 24h low ($105,200.00).

Support Levels: $105,200.00, $106,242.84

Resistance Levels: $107,990.29, $108,118.16

Trade Signal:

Bearish Bias: If the price drops below $105,200.00, consider entering short positions targeting $105,305.18 as the next support zone.

Bullish Bias: A break above $107,990.29 could signal a bullish continuation. Look for long positions with target prices at $108,118.16.

Target Levels:

1. Bearish Target 1: $105,305.18

2. Bullish Target 1: $107,990.29

3. Bullish Target 2: $108,118.16

Momentum:

Short-Term: Bearish (slightly)

Medium-Term: Neutral, awaiting price action at key levels

Long-Term: Neutral, watch for breakout or breakdown above/below resistance/support levels.

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