📊 $WBETH /USDT Market Analysis & Trading Strategy
💰 Market Overview:
🔹 Current Price: $2,490.65 (-5.96%)
🔹 24h High: $2,662.54
🔹 24h Low: $2,395.39
🔹 24h Volume: 2,066.75 WBETH / 5.16M USDT
📈 Key Levels & Trading Plan
✅ Support Zones:
🔹 $2,450 - $2,400 – Strong demand zone
🔹 $2,350 - $2,300 – Deeper support if breakdown continues
🚀 Resistance Levels:
🔹 $2,520 - $2,550 – Immediate resistance
🔹 $2,600 - $2,660 – Key breakout zone
📊 Indicators to Watch:
🔹 RSI: Approaching oversold, possible bounce soon
🔹 MACD: Bearish trend, but momentum slowing
🔹 Bollinger Bands: Testing lower band, watch for a reversal
📍 Trade Plan:
📌 Scenario 1: If price holds above $2,450, a long entry could target $2,520 - $2,550
📌 Scenario 2: If price breaks above $2,550, expect a move toward $2,600 - $2,660
📌 Scenario 3: If price falls below $2,400, wait for support near $2,350 - $2,300
⚠️ Risk Management:
🔹 Stop-loss: Below $2,390
🔹 Take profits: $2,520 - $2,550 - $2,600
🔔 Final Thoughts:
WBETH/USDT is experiencing a 6% drop, but testing key support levels. If $2,450 holds, a bounce toward $2,520+ is possible. However, if $2,400 breaks, more downside toward $2,350 could come next. Watch for bullish confirmation near $2,550 before considering long positions.
