🚨 $WBTC /USDT – Oversold Pullback or Breakdown Continuation?

Momentum Analysis:

$W is down -12.25% today, currently trading at $0.0623 after hitting a 24h low of $0.0500. Despite heavy sell pressure, the bounce from $0.0500 suggests a potential rebound attempt. However, bearish momentum still dominates.

📈 Long Setup

Entry Zone: $0.0600 – $0.0625

Targets:

T1: $0.0660

T2: $0.0705

T3: $0.0720

Stop Loss: $0.0578

🔓 Breakout Confirmation Level

$0.0655 – A close above this level on the 1H or 4H timeframe could confirm bullish reversal.

🛡️ Key Support

$0.0500 – A critical bottom; losing this could trigger further downside to $0.045 region.

💡 Pro Tip for Traders

Watch volume surges near $0.065+. If W breaks out with rising volume and strong order book support, momentum may quickly push toward the $0.07 zone.

Trading Data Recap:

Price: $0.0623 (-12.25%)

24h High: $0.0725

24h Low: $0.0500

24h Vol (W): 219.60M

24h Vol (USDT): 14.31M

Order Book Depth Near Price:

Resistance: 0.0628 → 0.0653

Support: 0.0619

🕒 Timestamp: 2025-06-27 11:15 UTC

#WUSDT #Altcoins #CryptoTrading #BreakoutOrFakeout #SupportAndResistance