$WBTC USDT – BEARISH MOVE LIKELY IF SUPPORT BREAKS

Market Overview:

WBTC is hovering just above the $121,000 support zone after repeated failed attempts to reclaim $124,500. Weak momentum and lower highs suggest sellers are gaining control. A decisive break below $121,000 could trigger further downside pressure.

Trade Setup (Short):

Entry Zone: $121,200 – $121,500

Target 1: $120,400

Target 2: $119,000

Stop Loss: $122,000

Risk Management:

Keep position size moderate, trail stop after first target hit. A bounce above $122,000 invalidates the setup.

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