Wrapped eETH (WEETH) is currently trading at $3,392.38, reflecting a 3.23% increase over the past 24 hours. The daily price range has been significant, with a high of $3,439.39 and a low of $3,283.87, indicating a volatility level of approximately 155.52%.

The trading volume stands at 26,943,373, with a volume-to-market cap ratio of 0.34%, suggesting relatively moderate market activity. Short-term moving averages show mixed signals, with the 8 SMA at $3,391.68 indicating slight upward momentum, while the 13 SMA at $3,394.32 shows a minor decline.

The 1-hour RSI is at 53, indicating neutral momentum, while the 7-day RSI is also at 53, suggesting a consolidation phase. Over the past week, WEETH has appreciated by approximately 12.30%, but the 30-day price change is down by 7.69%, highlighting recent bearish pressure.

Technically, the price remains below its all-time high of $5,296.78, achieved on August 24, 2025, suggesting substantial upside potential if market conditions improve. The recent upward movement may indicate a potential reversal, yet the overall trend remains cautious given the longer-term decline.

Given the current technical indicators and recent price movements, a Buy rating is appropriate for WEETH. The potential for upward momentum combined with the significant recent price recovery supports this decision, especially as the market digests further developments.