๐ WOO/USDT 4H Breakdown โ Breakout Confirmed or RSI Trap?
Hereโs a crisp technical read based on chart:
๐ Key Metrics
- Current Price: $0.0850 (๐ผ +4.55%)
- 24H High/Low: $0.0869 / $0.0795
- Volume:
- WOO: 24.35M
- USDT: 2.03M
- RSI (6): 70.21 โ Overbought zone
- MA(5): 3.37M | MA(10): 3.01M โ Bullish crossover
- Levels to Watch:
- Resistance: $0.0950
- Support: $0.0647
- Pivot: ~$0.0850
๐ Chart Structure
- Price is pushing toward upper resistance
- RSI is overheated โ potential for short-term pullback
- MA crossover favors bullish continuation
- Volume is strong โ breakout confirmation possible
๐ Scenario Breakdown
- Bullish Case: Break above $0.0869 with volume could target $0.0950
- Bearish Case: RSI rejection may drag price back toward $0.0795 or lower
๐ Sentiment Meter
๐ข Bullish Bias โ Momentum strong, but RSI overheated
โ ๏ธ Risk Level
๐ Medium-High โ RSI in danger zone, watch for fakeouts
๐ฌ Whatโs your bias on WOO here?
๐ Drop your chart view below ๐
๐ฅ Comment your take: Bullish or Bearish?
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