Trend and momentum are aligned, and the current chart still offers a constructive buy setup.
In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.
Bridged Wrapped Ether (Scroll) support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $2,090.02 - $2,489.11 | |
| Support 2 | $1,886.79 - $2,076.37 | |
| Resistance 1 | $3,291.78 - $4,002.07 | |
| Active 1 | $2,507.39 - $3,207.73 |
WETH clears the resistance zone at $3,291.78 - $4,002.07 and holds above it. That would strengthen the breakout case and shift attention to $3,291.78 - $4,002.07.
WETH loses the support zone at $2,090.02 - $2,489.11. That would weaken the setup and open the way toward $1,886.79 - $2,076.37.
WETH continues trading between $2,489.11 and $3,291.78. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $2,068.68 | Bullish | WETH is trading above the 50-day average. |
| SMA200 | $2,061.69 | Bullish | WETH remains above the long-term trend line. |
| EMA50 | $2,154.30 | Bullish | WETH is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $2,221.92 | Bullish | WETH is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 64.69 | Neutral | RSI (14) is at 64.69, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 42.15 | Neutral | Stoch RSI (14) is at 42.15, which suggests momentum is active but not yet extreme. |
| MACD | 129.92 | Bearish | MACD is below its signal line. |
| ATR | 5.79% | Volatile | Volatility is above its 180-day median. |
| VWMA | $2,066.13 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 51.81 | Neutral | CCI (20) is at 51.81, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $285.65 | Bullish | Awesome Oscillator is above zero at $285.65, which supports bullish momentum. |
| Williams Percent Range (14) | -18.20 | Overbought | Williams Percent Range (14) is near the top of its recent range at -18.20. |
| Bull Bear Power (13) | $17.74 | Bullish | Bull Bear Power (13) is positive at $17.74, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 54.24 | Neutral | Ultimate Oscillator is at 54.24, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $2,477.95 | Bullish | WETH is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $2,206.95 | Bullish | WETH is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Bridged Wrapped Ether (Scroll) price was most positively correlated with the price of Bitcoin (BTC), XRP (XRP), Ondo Finance (ONDO), Ethereum (ETH) and Gram (prev. Toncoin) (GRAM) and most negatively correlated with the price of Sky (SKY), Convex Finance (CVX), Bonk (BONK), APENFT (NFT) and Jasmy (JASMY).
| Name | Correlation |
|---|---|
| Bitcoin | 0.620 |
| XRP | 0.605 |
| Ondo Finance | 0.603 |
| Ethereum | 0.566 |
| Gram (prev. Toncoin) | 0.565 |
| Name | Correlation |
|---|---|
| Sky | -0.404 |
| Convex Finance | -0.278 |
| Bonk | -0.236 |
| APENFT | -0.169 |
| Jasmy | -0.129 |
Bridged Wrapped Ether (Scroll) price is positively correlated with the top 10 coins by market cap with a price of 0.363, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.291. Currencies that are positively correlated with Bridged Wrapped Ether (Scroll) indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Bridged Wrapped Ether (Scroll), a move in one direction for Bridged Wrapped Ether (Scroll) would translate into a move in the opposite direction for the negatively correlated coin.
