$WBTC

WBTC/USDT – Short-Term Trade Signal

Action: Sell

Entry Zone: $93,300 – $93,500

Take Profit Targets:

1. TP1: $91,900 (recent low)

2. TP2: $91,100

Stop Loss: $94,500

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Technical Analysis:

Resistance Zone: $94,500 (24h high)

Support Zone: $91,900 (24h low)

RSI & MACD: RSI shows neutral to slightly overbought conditions, MACD suggests weakening momentum

Bollinger Bands: Price is near the upper band, suggesting potential for a pullback

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Trade Strategy & Risk Management:

Risk 1%–1.5% of your portfolio

Enter around $93,300

Place stop loss at $94,500

Tighten stop loss to break-even after hitting TP1 at $91,900