š„$WBTC/BTC Market Update Calm Before the Breakout?
WBTC/BTC is trading near 0.9982, holding strong and showing steady recovery momentum. After dipping to the 24h low of 0.9975, buyers stepped in aggressively, pushing price back above key moving averages. The short-term MA(7) has crossed above MA(25 & 99), signaling a bullish short-term shift.
Key Levels to Watch:
Resistance: 0.9984 (recent high ā breakout zone)
Support: 0.9978ā0.9980 (strong buy interest area)
Volume remains stable, indicating controlled accumulation rather than panic trading. If price holds above 0.9980, a retest of 0.9990+ is very likely.
ā” Market Mood: Stable, confident, and quietly bullish.
This pair is behaving exactly how strength looks before a decisive move. Stay alert ā the next push could come fast.
WBTC
87,425.86
-0.03%