$WBTC USDT – CORRECTION PHASE NEARING SUPPORT, REBOUND ZONE AHEAD

PULLED BACK FROM $122,893

NEARING 99-MA DEFENSE ZONE

Wrapped BTC ($WBTC ) is cooling off after a sharp rally to $122,893.75. Price has retraced to $119,576.48, approaching the 99-MA ($117,950) — a key support that previously held strong. With both 7-MA and 25-MA sloping down, this area may present a short-term bounce opportunity if bulls defend.

This could set up a potential long play if reversal signals emerge near $118,000.

LONG Trade Setup:

Entry: $118,200 – $119,000

Targets (TP): $120,500 / $121,800 / $122,800

Stop Loss (SL): $117,200

Watch for reversal candles and volume confirmation near the 99-MA to validate the trade.

#WBTCUSDT #BitcoinWrap #BinanceFutures #CryptoSetup #TrendReversal