$WBTC /USDT based on the data you provided:
🔹 $WBTC/USDT TECHNICAL ANALYSIS – CURRENT MARKET VIEW: BULLISH 📈
Current Price: 116,420.29 USDT
Key Levels:
Resistance: 117,257.70 USDT (24h high), 117,500–118,000 USDT (psychological/round number resistance)
Support: 116,000 USDT (minor support), 115,500 USDT (recent consolidation), 115,000 USDT (strong support), 114,500–114,000 USDT (lower support zone), 113,500 USDT (key support)
📈 Trade Setup – Bullish Bias
Long Entry: 116,000–116,200 USDT (near minor support)
Targets (TP):
1. 117,257 USDT
2. 117,500–118,000 USDT
Stop Loss (SL): 115,000 USDT (below strong support)
⚖ Risk Management
Risk 1–2% of capital per trade.
Take partial profits near 117,257–117,500 USDT to secure gains.
Confirm breakout above 117,500–118,000 USDT with strong volume for continuation.
I can also create a visual chart overlay for $WBTC/USDT showing support, resistance, and trade zones for easier trading decisions.
Do you want me to generate that chart?
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