$WOO : Is the Bearish Trend Ending?
Looking at the $WOO chart, the token is attempting a recovery, currently trading at $0.1647. It has pushed slightly above the 7-day moving average (SMA 7), but it still faces heavy resistance from the 25-day and 99-day moving averages ($0.1544 and $0.1896, respectively). Volume is picking up, which is a positive sign 📊, but the overall trend remains cautious.
If $WOO can maintain this upward momentum and break through the $0.20 resistance level, we could see a bullish breakout. However, the token remains in a downtrend until proven otherwise, and a rejection at these levels could lead to further downside pressure.
Like, share, and subscribe for more market updates! 🔔🚀
#WOONetwork #CryptoTrading #Altcoins #TechnicalAnalysis #PriceAction