Wrapped eETH (WEETH) is currently priced at $3,303.94, reflecting a robust 24-hour price change of 8.86%. The daily price range indicates volatility, with a low of $3,017.25 and a high of $3,298.78, which signifies a potential for trading opportunities.

Volume stands at approximately $19,552,050, contributing to a volume-to-market cap ratio of 0.25%. The moving averages indicate a bullish short-term trend, with the 8 SMA showing a gain of 1.60%, while the 55 SMA has increased by 6.42%, suggesting upward momentum in recent trading sessions.

The 1-hour Relative Strength Index (RSI) is at a high 82, indicating that WEETH is currently overbought in the short term. Conversely, the 7-day RSI is at 50, suggesting a neutral position that may provide a corrective pullback opportunity soon, while longer-term metrics reveal a negative 14-day price change of -0.49% and a significant -18.09% over 30 days.

The all-time high for WEETH remains $5,296.78, achieved in August 2025, which sets a substantial target for recovery. However, the recent price performance suggests that the market is currently experiencing a strong bounce back, making it crucial to observe potential resistance levels.

Given the current overbought conditions indicated by the 1-hour RSI, short-term traders may consider a cautious approach, while those looking at the longer horizon may see opportunities to accumulate. Therefore, the rating for WEETH is a **Hold**, as immediate upward momentum may face resistance while maintaining a watchful eye on longer-term recovery potential.