WETH retest of 1.15 by month-end: 60% probability?

asked by u/liam86 · 1mo · 2 answers

Watching $WETH here. After today's strong move up to 1.21, a retest of the previous resistance around 1.15 seems plausible before any significant push higher. I'd give it about a 60% chance we see that level again by month-end, especially if general market sentiment cools off a bit from current levels. It feels like some of this move is momentum-driven, and a re-evaluation around prior support/resistance would be healthy.

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Top answers

  • u/limpongsa_kanya· 3 pts· 1mo

    ก็น่าสนใจนะว่าถ้าตลาดโดยรวมเริ่มชะลอตัว จะกลับไปทดสอบที่ 1.15 จริงไหม ส่วนตัวคิดว่ามีโอกาส แต่ก็ขึ้นอยู่กับ volume ด้วยว่าช่วงย่อตัวแรงแค่ไหน

  • u/pmarinescu· -2 pts· 1mo

    The 60% probability is an interesting detail. Is that based on a specific technical indicator or just a gut feeling given the recent volatility? Seems like a pretty precise number for something so speculative.

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