🚨 $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!
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