WETH is currently trading at $3,294.03, experiencing a slight decline of 0.24177% over the past 24 hours. The daily price range has been relatively stable, with a high of $3,324.86 and a low of $3,253.46, indicating a tight trading band of $71.4.

Volume stands at 88,881,746, with a Vol/Market Cap ratio of 1.08%, suggesting moderate trading activity relative to its market cap. The hourly moving averages reflect mixed signals; the 8 SMA is slightly positive at +0.11%, while longer-term SMAs such as the 55 SMA show a decline of -0.77%, indicating potential bearish sentiment in the short to medium term.

The 1-hour RSI is at 52, indicating neutral momentum, while the 7-day RSI at 57 suggests that WETH is edging towards overbought territory. Recent price changes show a positive trend over 7 days (+7.01%), 14 days (+5.71%), and 30 days (+16.99%), which reinforces a bullish outlook in the longer term.

Despite the recent minor pullback, WETH is still significantly below its all-time high of $4,950.08, reached on August 24, 2025. The current price level presents a compelling opportunity, especially considering the strong upward momentum over the past month.

In conclusion, based on the combination of technical indicators showing short-term weakness but long-term strength, along with a positive price trend, I recommend a Buy rating for WETH. The potential for recovery and growth remains intact, supported by the recent bullish price changes and the overall market conditions.