$WBTC /USDT

🟫 WBTC/USDT Market Summary

Current Price: $104,099.13

24h Change: -3.28%

24h High: $108,807.29

24h Low: $104,035.19

24h Volume:

WBTC: 132.62

USDT: $14.14M

📊 Key Price Levels

TypePriceRemarksResistance 1$105,461.02Closest ceiling to watchResistance 2$106,265.34Breakout zone for short-term bullsResistance 3$108,807.29Daily high, strong resistanceCurrent$104,099.13Holding just above intraday lowSupport 1$104,035.19Daily low, short-term floorSupport 2$103,852.39If broken, opens path to $103K

🧭 Technical Overview

📉 Trend Direction:

Bearish intraday trend matching BTC performance

Lower highs and lower lows forming on lower timeframes

📊 Market Behavior:

Trading near key support at $104K — critical to hold

Weak bounce attempts → seller strength evident

Volume decent but mostly sell-driven

🧠 Scenarios to Watch

✅ Bullish Reversal Setup

Entry Trigger: Break above $105,460 with strength

Short-Term Targets: $106,265 → $108,800

Invalidation: Drop below $104,000 again

⚠️ Bearish Breakdown Setup

Confirmation: Sustained drop below $104,035

Next Support Zone: $103,500 → $102,000

Momentum: Accelerates if BTC itself also loses $104K

🧮 Comparative Note

WBTC is tightly tracking BTC/USDT, currently showing:

Almost identical price action

Slightly lower liquidity and thinner order books

Use BTC levels as broader market cues

📌 Summary

Bias: Bearish intraday

Key Support: $104,035

Upside Pivot: $105,461

Volume Profile: Light but reactive near support

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