$WBETH
USDT BEARISH MOMENTUM GAINING — SELL PRESSURE INTENSIFIES BELOW RESISTANCE 🔻
$WBETHUSDT faced rejection near $2,704.92 and has been forming consecutive lower highs and lower lows, breaking below the key moving averages. The MACD remains deep in negative territory with no sign of reversal, suggesting continued downside pressure. Price is hovering around $2,631 — just below the AVL line, indicating a potential continuation if support doesn’t hold.
🔻Trade Setup — Short Position:
Entry Zone: $2,632 – $2,637
Take Profit Targets:
→ TP1: $2,615
→ TP2: $2,590
Stop Loss: $2,655
📉 Market Outlook:
Momentum is bearish with volume tapering off and indicators showing weakness. If price fails to reclaim $2,640+, a further drop is likely toward the lower support levels seen earlier in the session.
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buy and trade here on $WBETH