$WBTC is currently trading at 106777.85 USDT, showing a neutral posture with an RSI at 45.23.
The price is nestled between a support level of 106057.46 USDT and resistance at 108807.29 USDT, indicating a ranging market structure.
A breakout above resistance could signal a bullish opportunity, while a dip below support may trigger bearish sentiment.
Traders should cautiously monitor Bitcoin's volatility and macroeconomic developments, as these could impact WBTC’s performance significantly.