$WBTC
Next Targets & Resistance Levels**:
- **Immediate Resistance**: 122,084.66 (24h High)
- **Next Target**: 125,000 (Psychological level)
- **Strong Resistance**: 130,000 (if bullish momentum continues)
### **Support & Stop-Loss Levels**:
- **Immediate Support**: 120,000 (Psychological level)
- **Strong Support**: 117,361.78 (24h Low)
- **Stop-Loss**: **Below 116,500** (Safe zone below 24h low)
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### **Trading Strategy**:
#### **Entry Points**:
1. **Aggressive Entry**: Near **120,000** (if price retests support with RSI cooling to <70).
2. **Conservative Entry**: Wait for a pullback to **117,500–118,000** with RSI <60 for better risk-reward.
#### **Stop-Loss**:
- **116,500** (Below recent swing low).
#### **Take-Profit Levels**:
- **First Target**: 122,100 (24h High)
- **Second Target**: 125,000
- **Final Target**: 130,000 (if trend remains strong)
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### **Additional Notes**:
- **Caution**: RSI and Stochastic RSI suggest overbought conditions; a short-term correction is possible.
- **Confirmation**: Watch for MACD crossover (if DIF starts declining) as a sign of weakening momentum.
- **Volume Check**: If price rises with increasing volume, the uptrend is stronger.
**Final Advice**: Wait for a slight pullback before entering long. If price breaks **122,100** with volume, consider a breakout trade with tight stop-loss.