๐ $WOO | 4H Chart Breakdown
WOO just printed a power breakout candle โ momentum traders, take note ๐
๐ Price Action
Strong reversal from ~0.0265 โ 0.0344
Currently trading around 0.0343 after a vertical expansion
This is a range breakout with follow-through, not a dead-cat bounce
๐ Trend & Moving Averages
Price reclaimed and surged above MA(7), MA(25), MA(99)
Fast MA curling sharply upward โ momentum firmly bullish
Prior range top flipped into support near 0.030โ0.029
๐ Volume
Massive volume spike on the breakout
Confirms real buyers stepping in, not thin liquidity
๐ฏ Key Levels
Resistance: 0.0345 โ 0.0350
Support: 0.0300 / 0.0285
Structure invalidation below 0.0278
๐ง Bias As long as WOO holds above 0.030, this favors trend continuation.
Best trades usually come on controlled pullbacks, not chasing the candle.
โ ๏ธ Momentum is hot โ manage risk and let structure guide entries.
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