$WBTC has shown a modest price change of 0.709% in the last 24 hours.
The price fluctuated between 107402.51 and 109172.99, approaching key resistance at 109172.99.
Market sentiment remains undefined, indicating mixed trader reactions to recent price movements.
The RSI of 54.94 suggests a balanced market, avoiding overbought or oversold extremes.
If WBTC bounces off the support level at 107621.18, it may test the resistance again.
Conversely, a drop below support could indicate a potential downturn, warranting caution.
Upcoming regulatory developments may significantly influence price action in the near term.
