WETH is currently trading at $3,320.76, showing a modest 24-hour change of 0.74%. The daily price range has been notably active, with a high of $3,326.97 and a low of $3,296.28, indicating a volatility of 0.92% within the day.

The trading volume stands at 88,532,185 WETH, reflecting a volume-to-market cap ratio of 1.08%, suggesting a healthy level of trading activity relative to its market capitalization. The hourly moving averages are trending positively, with the 8 SMA at $3,306.83 (+0.42%), the 13 SMA at $3,310.53 (+0.31%), and the 21 SMA at $3,308.73 (+0.36%), indicating short-term upward momentum.

Momentum indicators reveal an hourly RSI of 53 and a 7-day RSI of 57, suggesting that WETH is neither overbought nor oversold in the short term. The 7-day price change of 7.03% and the 14-day change of 5.59% highlight a consistent bullish trend, while the 30-day price change of 12.49% confirms a solid uptrend.

Given the recent price action, the technical indicators indicate a supportive environment for a further upward movement. However, the distance from the all-time high of $4,950.08, achieved in August 2025, suggests that there is significant room for growth, but also potential resistance levels to consider.

In conclusion, the combination of positive short-term momentum, healthy trading volume, and the upward trend in price changes supports a bullish outlook for WETH. The recommendation is a Buy, as the current market conditions favor an upward trajectory in the near term, with potential for reaching higher levels in subsequent trading sessions.