🚨 $WBTC /USDT – Bitcoin’s Twin Surging! Will $120K Break or Fade? 🔥
#Wrapped Bitcoin (WBTC) is powering higher at $117,825.06 (+6.40%), closely mirroring BTC’s rally. With strong support from moving averages and a surge in price action, is $120K the next stop—or will profit-taking hit soon?
📊 Market Overview
📍 Current Price: $117,825.06
📈 24h High: $118,690.34
❄️ 24h Low: $110,451.32
📊 Parabolic SAR: ~$111,000 (Clear uptrend support)
📉 MACD Momentum:
DIF: 1.02 (Bullish acceleration in motion)
DEA: 0.45
MACD: 1.15 (Strong buy signal)
📈 WBTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If WBTC Holds Above $117,000):
Entry: Above $118,000
Targets: $120,000, $122,500, $125,000+
Stop-Loss: $114,200
🔹 Bearish Scenario (If WBTC Breaks Below $114,200):
Entry: Below $113,800
Targets: $111,000, $109,000, $106,800
Stop-Loss: $118,300
🔍 Should You Hold or Sell?
✅ MA(7) > MA(25) > MA(99) = strong trend confirmation.
✅ RSI likely in bullish zone—WBTC trending with momentum.
✅ Breakdown below $114K = caution zone for bulls.
💡 Pro Tip:
🚀 Clean breakout above $118,700 = likely momentum toward $122K+
⚠️ Watch for volume dips near $119K—fakeouts possible if enthusiasm fades!
📢 Are you riding the wrapped Bitcoin wave or waiting for a retrace? Let’s break it down in the comments! 💬
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