$WBTC USDT REBOUND UNDERWAY — BUT BEARS STILL HOLD STRUCTURAL CONTROL
WBTCUSDT has bounced from the $102,200 zone after a sharp breakdown, showing signs of short-term recovery. However, the broader structure remains bearish with a series of lower highs. Unless the price reclaims and holds above $103,250, this move looks like a dead-cat bounce and offers an ideal entry for a continuation short.
TRADE SETUP 🔻 Short Trade Signal
Entry Zone: 102,650 – 102,850
Take Profit 1: 102,100
Take Profit 2: 101,400
Stop Loss: 103,350
Leverage: 5–10x
Risk Allocation: 2–3% of wallet
MARKET OUTLOOK
Short-term relief rally aside, the overall trend is still dominated by bears. The rejection zone around $103,250–$103,500 will be crucial. Watch for exhaustion signs and fading volume on any bounce to re-enter short positions.
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