$WBTC USDT – CONSOLIDATION ABOVE SUPPORT! LONG TRADE SETUP IN SIGHT
STRONG REBOUND FROM $108,693
PRICE HOLDING ABOVE 99 MA – BULLS SHOWING STRENGTH
$WBTC USDT bounced aggressively from the $108,693 low and is now trading above the 99 MA ($109,252), while hovering just under the 25 MA ($109,438). The 7 MA ($109,368) is trending upward, suggesting growing bullish momentum.
A clean breakout above $109,450 could ignite a move toward the recent high at $110,453.
Long Trade Setup
Entry: $109,440
Targets: $109,850 / $110,400
Stop Loss: $109,050
Momentum is building above key support. Watch for breakout confirmation above $109,450.