๐Ÿšจ $WBTC /USDT โ€“ Dip Zone or Deadweight? โš ๏ธ๐Ÿ’ฐ

#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 bounceโ€”or a breakdown.

๐Ÿ“Š Market Overview

๐Ÿ“ Current Price: $106,028.92

๐Ÿ“ˆ 24h High: $108,267.19

โ„๏ธ 24h Low: $105,609.75

๐Ÿ“Š Parabolic SAR: Hovering near $106,050 (Bearish cloud remains)

๐Ÿ“‰ MACD Momentum:

DIF: Weak and flattening

DEA: Low, bearish slope

MACD: Momentum coolingโ€”buyers still inactive

๐Ÿ“ˆ WBTC Trade Setup โ€“ Key Levels to Watch

๐Ÿ”น Bullish Scenario (If WBTC Holds Above $105,600):

Entry: Above $106,500

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

Stop-Loss: $105,000

๐Ÿ”น Bearish Scenario (If WBTC Breaks Below $105,000):

Entry: Below $104,800

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

Stop-Loss: $106,300

๐Ÿ” Should You Hold or Sell?

โœ… RSI at 34.70 = approaching oversold zoneโ€”bounce likely if $105.6K holds

โœ… Still tracking Bitcoinโ€”watch BTC/USD for primary direction clues

โŒ Drop below $105K could open the door to a fast flush down to $100K

๐Ÿ’ก Pro Tip:

๐Ÿ“Œ Use BTC/USDT levels for confirmation before taking WBTC trades

โš ๏ธ Liquidity is thinnerโ€”set stop-loss precision tighter than on BTC itself

๐Ÿ“ข Do you prefer WBTC for DeFi flexibility or are you just mirroring BTC trades? Letโ€™s talk!

๐Ÿ”ฅ LIKE & SHARE for more BTC-based setups and smart dip entries! ๐Ÿ“‰๐Ÿง 

$WBTC

#WBTC #WBTCUSDT #CryptoTrading #Write2Earn