Wrapped eETH (WEETH) is currently priced at $3,409.26, reflecting a modest 24-hour change of 0.52%. The price has fluctuated between a high of $3,425.86 and a low of $3,388.19 within the last day, indicating a daily range of 1.1%, which is relatively tight for this asset.

The trading volume stands at 2,165,932 WEETH, corresponding to a market cap volume ratio of 0.02%. This low volume relative to market cap suggests limited liquidity, which could impact price stability during larger trades, contributing to the recent price movements observed.

Technical indicators show mixed signals; the hourly moving averages are generally bullish, with the 55 SMA at $3,381.98 indicating an upward trend over the short term. However, the 1-hour RSI of 45 suggests that WEETH is nearing oversold conditions, while the 7-day RSI of 61 indicates a moderately strong upward momentum in the intermediate term.

Fundamentally, the price has seen a 7-day increase of approximately 7.06%, reflecting positive short-term sentiment. Additionally, the asset's performance over 14 days and 30 days shows price increases of 5.81% and 4.26%, respectively, indicating a steady upward trajectory over the past month.

Despite the recent positive price movement, WEETH remains significantly below its all-time high of $5,296.78 reached on August 24, 2025. This substantial gap highlights both the potential for future gains and the risks associated with volatility in the crypto market.

Considering the current price trends, moving averages, and RSI indicators, a Buy rating is warranted for WEETH. The asset's upward momentum in the longer time frames suggests a favorable buying opportunity, especially if it can maintain support above the 55 SMA level of $3,381.98.