⚡ WBTC TRADING SIGNAL
POSITION: NEUTRAL → CAUTIOUS BULLISH
Short-term scalp opportunity
Table
Entry Zone
66,500 -66,800
Target 1
$68,000 (2.3% gain)
Target 2
$69,500 (4.2% gain)
Stop Loss
$65,400 (-2.0% risk)
Risk:Reward
1:2.1
📊 TECHNICAL SNAPSHOT
Current Price: 66,753
**24h Change:** +1.46%
**Trend:** Price holding above MA60 (66,676) — bullish micro-structure
Key Levels:
🔴 Resistance: 68,082 (24h high) →69,500 (major wall)
🟢 Support: 66,000 (psychological) →65,458 (24h low)
🎯 SIGNAL RATIONALE
1.
MA Bounce — Price reclaimed MA60, suggesting short-term momentum shift [^0^]
2.
Volume Profile — Recent volume spike on green candles indicates buyer interest
3.
Range Play — Trading in 65.5k-68k consolidation zone; upside test likely
⚠️ RISK WARNINGS
**Break below 65,400** → Invalidates setup, deeper drop to64,500 likely [^1^]
Reject at $68k → Take partial profits at T1, move stop to breakeven
Macro context: Bitcoin struggling at $70k wall; correlation risk with WBTC [^2^]
💡 EXECUTION TIP
Scale in 50% at 66,600, 50% at66,400 if dip occurs. Take 50% profit at T1, let remainder run to T2 with trailing stop.
Confidence: ⭐⭐⭐☆☆ (3/5) — Valid for 6-12 hours, reassess on 4H close
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