$WOO - Price analysis:
The current price remain bearish and stuck below the downtrend [H2 view].
Despite the oversell zone & oversold RSI daily, The bearish trend remain safe and there is no bull pressure at the moment.
If you plan to long, I recommend waiting for a breakout and retest of the downtrend, OR a reaction on the $0.2050 zone (double bottom).
On the other hand, if the price breaks the $0.200 level with an H1 close, then we should see another sharp drop towards the $0.1750 - $0.1800 support!
🎯Lower key supports:
0.200$ - 0.1750$ - 0.1650$ - 0.1475$
🎯Local resistances:
0.2280 - 0.2350 - 0.2500$
To resume:
There is some chance to see a bullish reaction above the 0.200$ support, but the main trend remain bearish for now!
