$WBTC – STRUGGLING NEAR RESISTANCE ZONE, POTENTIAL REVERSAL BREWING

LOWER HIGH FORMED BELOW $117,525

REJECTION SIGNALS WEAKENING BULLISH MOMENTUM

$WBTC has failed to hold above the $117,500 resistance zone after multiple attempts, printing a lower high and showing signs of exhaustion. Price is now hovering around $117,368, with selling pressure visible from long wicks and smaller bullish candles. If price breaks below $117,150 support, short momentum could gain traction quickly.

Trade Setup: SHORT TRADE SIGNAL

Entry: $117,150 – $117,300

Target 1: $116,945

Target 2: $116,575

Stop Loss: $117,525

Short-term outlook leans bearish unless bulls reclaim $117,525 with strong volume.

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