$WOO /USDT Analysis: Bullish Trend Gains Momentum!
$WOO is trading at $0.2371, reflecting a 6.51% gain in the past 24 hours. The 24-hour high of $0.2376 highlights strong upward movement, with consistent buying interest driving the price higher.
Key Levels to Watch:
Resistance: $0.2376 – A breakout above this could lead to $0.2450 and $0.2500 targets.
Support: $0.2300 – Critical to maintain bullish momentum and prevent a pullback.
Trade Setup:
Entry Point: Enter around $0.2360 on slight dips.
Targets:
1. $0.2450 (short-term)
2. $0.2500 (mid-term)
3. $0.2600 (extended target)
Stop Loss: Below $0.2280 to manage risks.
Insights:
The RSI is in the overbought zone, indicating possible consolidation or minor pullbacks. However, the increasing volume suggests strong interest, making WOO a good candidate for further upside if resistance is breached.