$WOO based on your detailed breakdown:🚨
Daily & Weekly Overview
Neutral Zone: $0.3180 - $0.2940.
Current Trend: Bullish signals from D1 (daily) bounce and W (weekly) K -level, suggesting potential upward momentum. 📈
Weekly Resistance: Prices remain under a "huge cloud," indicating resistance and a neutral stance overall.
Key Resistances (HTF)
$0.3350
$0.3450
$0.3800 (monthly 50% Fib)
$0.3950
Key Triggers for Bull Cycle
Weekly Candle: Closing below $0.400.
Monthly Candle: Closing above $0.380.
Until these levels are breached, caution is advised, avoiding premature long entries.
Lower Time Frame View (H1/H2)
Support Zone: $0.2850 - $0.2900 likely to be revisited. 📉
Resistance: Multiple rejections indicate continued bearish pressure in the short term.
Key Takeaways
No rush to FOMO into risky trades. Wait for decisive closes above key levels.
Utilize a global time frame outlook to assess momentum and strength.
This comprehensive breakdown provides clarity for different time frames—nicely done! 👍
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