🚨 $WBTC /USDT – Breaking Out or Topping Out? RSI Screaming 🔥
#Wrapped Bitcoin is holding strong at $107,198.56 (+0.19%), after tagging the day’s high. With RSI above 80 and volume cooling, is this a true breakout—or is a rejection at $108K looming?
📊 Market Overview
📍 Current Price: $107,198.56#
📈 24h High: $107,198.56
❄️ 24h Low: $105,052.33
📊 Parabolic SAR: ~$105,400 (Uptrend support still intact)
📉 MACD Momentum:
DIF: 1.26 (Still climbing)
DEA: 0.89
MACD: 0.74 (Momentum remains bullish)
📈 RSI(6): 81.76 – Extremely Overbought!
📊 MA(5): 3.15 | MA(10): 2.49 (Low volume – caution advised)
📈 WBTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If WBTC Holds Above $106,500):
Entry: Above $107,300
Targets: $108,200, $109,000, $110,500
Stop-Loss: $105,800
🔹 Bearish Scenario (If WBTC Breaks Below $105,800):
Entry: Below $105,800
Targets: $104,800, $103,500, $101,800
Stop-Loss: $107,300
🔍 Should You Hold or Sell?
✅ Trend remains bullish above $106,500
⚠️ RSI is extremely high—cooling expected soon
⚠️ Volume is thinning—watch for potential bull trap near $108K+
💡 Pro Tip:
🚀 A clean break and hold above $107,300 with rising volume could push WBTC to $110K
⚠️ But if RSI stays over 80 without fresh volume, expect a dip toward $104K
📢 WBTC bulls—are you holding for $110K or locking in profits? Let’s talk in the comments! 💬
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