Market Overview for WOO/Tether (WOOUSDT) – 2025-11-13

Summary
• WOOUSDT opened at $0.033, closed at $0.0332 with a high of $0.0339 and low of $0.0322.
• Total volume reached 14.9M, with $495,245 in turnover.
• A bullish recovery appears to have formed after an early bearish consolidation.

Market Overview

WOO/Tether (WOOUSDT) experienced a volatile 24-hour session, opening at $0.033 and reaching a high of $0.0339 before settling at $0.0332 at 12:00 ET. The total traded volume amounted to 14.89 million tokens, with a notional turnover of $495,245. Price action suggests a possible short-term bottoming process amid mixed momentum and volume dynamics.

Structure & Formations

The price structure of WOOUSDT shows a bearish consolidation from 17:00 to 19:30 ET on 2025-11-12, followed by a bullish reversal into the early hours of 2025-11-13. A key support level appears to form at $0.0322, with a notable bullish harami at 22:15 ET signaling a possible trend reversal. Resistance appears at $0.0336–$0.0339, where volume and price met with increased rejection.

Moving Averages

On the 15-minute chart, price oscillated between the 20SMA (~$0.0329) and 50SMA (~$0.0331). The daily timeframe suggests a longer-term bullish bias, with the 50DMA (~$0.0327), 100DMA (~$0.0326), and 200DMA (~$0.0325) acting as dynamic support. Price currently hovers above the 200DMA, suggesting a positive bias in the short to medium term.

MACD & RSI

The 15-minute MACD showed a bearish crossover into a negative territory in the early hours of 2025-11-13, but a bullish crossover followed as momentum shifted. RSI fluctuated between oversold (28) and overbought (70) conditions, with a closing RSI at 56, indicating a balanced momentum scenario. This suggests that while short-term buying pressure is evident, caution is warranted on overbought levels.

Bollinger Bands

Price action touched the lower Bollinger Band (~$0.0322) in the early session and later expanded toward the upper band (~$0.0339), signaling increased volatility. The band width expanded in the late hours of 2025-11-12 and into the early morning of 2025-11-13, indicating a potential breakout attempt.

Volume & Turnover

Volume spiked during the consolidation phase from 19:30 to 20:30 ET, with a significant block trade at 22:15 ET. Turnover confirmed the price action, with higher notional value during the bullish phase. A divergence between volume and price is observed in the final 3 hours, where volume dropped despite a minor price rise, suggesting potential exhaustion.

Fibonacci Retracements

On the 15-minute chart, the key 61.8% retracement level of the $0.0339–$0.0322 move is at $0.0332—currently the day’s close. This level appears to be acting as a magnet and potential pivot point. On the daily chart, the 38.2% retracement of the recent $0.0339–$0.0332 move is at $0.0335, which could offer near-term resistance.

Backtest Hypothesis

The performance of a daily Bullish Engulfing strategy on WOO/USDT, tested from 2022 to 2025-11-13, offers compelling insights. With a total return of +69.2% and an annualized return of 10.63%, the strategy has demonstrated resilience despite a Sharpe ratio of 0.74 and a maximum drawdown of 11.57%. On average, winning trades yielded ~4.66%, while losing trades averaged -3.19%. The best single-trade gain was +16.89%, while the worst loss was -8.26%. Given the current market structure and the presence of bullish reversal patterns such as the harami and potential 61.8% Fibonacci level, the strategy may offer a relevant framework for near-term positioning.

The market appears to be in a consolidation-to-recovery phase, with a potential for a test of the $0.0335 resistance. Investors should monitor for divergences in volume and price action as potential signals for trend exhaustion. Caution is advised amid high volatility and potential false breakouts.