Wrapped eETH (WEETH) is currently trading at $3,302.08, reflecting a 0.6632% increase over the last 24 hours. The price has remained within a daily range of $3264.3 to $3312.81, indicating moderate volatility with a daily range of 48.51%.

Trading volume stands at 17,267,581, contributing to a low volume-to-market cap ratio of 0.22%. The hourly moving averages suggest short-term bullish momentum, with the 8 and 13 SMA showing slight increases, while the 55 SMA indicates a minor decline, signaling potential resistance around $3,334.83.

The 1-hour RSI is at 59, nearing overbought conditions, while the 7-day RSI is at 56, suggesting a healthy market sentiment without immediate signs of exhaustion. Notably, the 7-day price change of 1.79% and the 14-day change of 10.25% indicate a recent upward trend, although the 30-day change of -7.93% highlights some longer-term weakness.

Historically, WEETH reached an all-time high of $5,296.78 on August 24, 2025, providing a significant upside potential compared to the current price. The recent price action, combined with positive short-term indicators, supports a bullish outlook for WEETH, particularly if it can break above the immediate resistance level at $3,334.83.

Given the current technical indicators and the overall market sentiment, a Buy rating is warranted. The combination of short-term bullish signals and the historical context suggests potential for upward movement in the near term, especially if the price maintains momentum above the 8 and 13 SMAs.