WBT Traders Watch Key Resistance Around $27.95 for Next Directional Cue
- WBT shows consolidation with support at $27.73 and resistance at $27.95.
- Increasing trading volume signals growing interest, but mixed technical indicators.
- RSI below 50 and narrowing MACD suggest potential for future price recovery.
WhiteBIT Coin (WBT), the exchange token for WhiteBIT, is currently trading at $27.82 early Monday, showing an ample 0.36% gain over 24 hours.
The price has moved narrowly, mostly between $27.73 and $27.76 for much of the day, pointing to a short-term period where price finds balance after earlier moves.
Where Are WBT’s Key Support and Resistance Areas Now?
The WBT price chart shows an upward trajectory with periods of consolidation. The price has tested the $27.73 to $27.76 level multiple times, and each time, it has bounced back. The $27.70 level also briefly held price during a small dip before it climbed back.
On the resistance side, $27.95 is the highest point observed today. Attempts to push past this specific level failed, making it the clear short-term resistance, as the price was rejected several times at this point.
Another resistance range exists between $27.90 and $27.93. Price at…
The post WBT Traders Watch Key Resistance Around $27.95 for Next Directional Cue appeared first on Coin Edition.
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WBT Traders Watch Key Resistance Around $27.95 for Next Directional Cue
- WBT shows consolidation with support at $27.73 and resistance at $27.95.
- Increasing trading volume signals growing interest, but mixed technical indicators.
- RSI below 50 and narrowing MACD suggest potential for future price recovery.
WhiteBIT Coin (WBT), the exchange token for WhiteBIT, is currently trading at $27.82 early Monday, showing an ample 0.36% gain over 24 hours.
The price has moved narrowly, mostly between $27.73 and $27.76 for much of the day, pointing to a short-term period where price finds balance after earlier moves.
Where Are WBT’s Key Support and Resistance Areas Now?
The WBT price chart shows an upward trajectory with periods of consolidation. The price has tested the $27.73 to $27.76 level multiple times, and each time, it has bounced back. The $27.70 level also briefly held price during a small dip before it climbed back.
On the resistance side, $27.95 is the highest point observed today. Attempts to push past this specific level failed, making it the clear short-term resistance, as the price was rejected several times at this point.
Another resistance range exists between $27.90 and $27.93. Price at…
The post WBT Traders Watch Key Resistance Around $27.95 for Next Directional Cue appeared first on Coin Edition.
Read More