🚨 $WBTC /USDT – Dip Zone or Deadweight? ⚠️💰

#Wrapped Bitcoin is slipping at $106,028.92 (-1.41%), holding just above critical support at $105,609.75. With RSI down to 34.70, this may be the last stop before a bounce—or a breakdown.

📊 Market Overview

📍 Current Price: $106,028.92

📈 24h High: $108,267.19

❄️ 24h Low: $105,609.75

📊 Parabolic SAR: Hovering near $106,050 (Bearish cloud remains)

📉 MACD Momentum:

DIF: Weak and flattening

DEA: Low, bearish slope

MACD: Momentum cooling—buyers still inactive

📈 WBTC Trade Setup – Key Levels to Watch

🔹 Bullish Scenario (If WBTC Holds Above $105,600):

Entry: Above $106,500

Targets: $107,500, $108,700, $110,000

Stop-Loss: $105,000

🔹 Bearish Scenario (If WBTC Breaks Below $105,000):

Entry: Below $104,800

Targets: $103,200, $101,800, $100,000

Stop-Loss: $106,300

🔍 Should You Hold or Sell?

✅ RSI at 34.70 = approaching oversold zone—bounce likely if $105.6K holds

✅ Still tracking Bitcoin—watch BTC/USD for primary direction clues

❌ Drop below $105K could open the door to a fast flush down to $100K

💡 Pro Tip:

📌 Use BTC/USDT levels for confirmation before taking WBTC trades

⚠️ Liquidity is thinner—set stop-loss precision tighter than on BTC itself

📢 Do you prefer WBTC for DeFi flexibility or are you just mirroring BTC trades? Let’s talk!

🔥 LIKE & SHARE for more BTC-based setups and smart dip entries! 📉🧠

$WBTC

#WBTC #WBTCUSDT #CryptoTrading #Write2Earn