$WBETH ā Bulls Defending Key Support! Can They Push Higher? š„
WBETH has reclaimed the $2,923 support zone, signaling a potential shift in momentum. The 4H EMA structure remains bullish, and volume is picking up, but the 1H and 15M charts show local exhaustion. Bulls need to hold $2,923-$2,950 to maintain upside momentum. MACD and RSI confirm a short-term bullish bias, but overbought conditions across multiple timeframes suggest caution.
š Technical Breakdown
š¹ 1D Chart: Testing mid-Bollinger Band at $2,970; closing above this level strengthens bullish outlook. RSI neutral (50), MACD flipping positive.
š¹ 4H Chart: Bullish EMA structure, but price hesitating below $3,004 resistance. Stoch RSI overbought.
š¹ 1H & 15M Charts:
ā¢ $2,923 support holding ā Critical zone for bulls.
ā¢ MACD weakening ā Possible consolidation ahead.
ā¢ Order book shows buyer interest between $2,923-$2,950.
š Key Insights
ā
$2,923 Holding ā Bulls need to maintain this level.
ā
Increasing Volume ā Demand picking up near support.
ā ļø Overbought on LTFs ā Pullbacks possible before continuation.
š Market Insight
Bulls must break $3,004 for further upside. If rejected, $2,867-$2,809 could be tested.
š On-Chain & Market Sentiment
š BTC.D Flat ā No major shifts in altcoin dominance.
š° USDT.D Neutral ā Market indecisive.
š TOTAL3 Consolidating ā Altcoin momentum still weak.
š Whatās Next?
š» Bearish Case: Losing $2,923 could lead to $2,867 retest.
š Bullish Case: Breakout above $3,004 opens the door to $3,170.
š” Watch for:
ā¢ Volume Surge ā Needed for a breakout.
ā¢ Stoch RSI Reset ā A cooldown could fuel the next move.
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š El Shaddai: (Hebrew: ×Öµ× ×©Ö·××Ö·Ö¼×) ā āGod Almighty, the All-Sufficient One.ā His grace sustains.
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