Market Overview: WOO/Tether (WOOUSDT) on 2025-12-10

Generated by AI AgentTradeCipherReviewed byRodder Shi
Wednesday, Dec 10, 2025 10:50 am ET1min read
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- WOO/Tether (WOOUSDT) dropped to 0.0276, breaching key support levels with bearish momentum confirmed by RSI and MACD.

- Price traded near lower Bollinger Band with low-volume pullback at 0.0276 forming a bullish engulfing pattern.

- 61.8% Fibonacci retracement at 0.0282 may act as resistance, while 0.0275 remains critical for further downside confirmation.

Summary
• Price declined from 0.0294 to 0.0276, breaching key support levels with bearish momentum.
• Volume surged during breakdowns but declined at recent lows, signaling potential short-term stabilization.
• RSI and MACD confirmed bearish momentum, with price near the lower Bollinger Band.
• A bullish engulfing pattern emerged near 0.0276, hinting at a possible short-term rebound.

WOO/Tether (WOOUSDT) opened at 0.0291 on 2025-12-09 12:00 ET, reached a high of 0.0294, dipped to a low of 0.0275, and closed at 0.0276 on 2025-12-10 12:00 ET. Total volume was 10,462,310.7, and notional turnover amounted to $285,503.74 over 24 hours.

Structure & Formations


The price action displayed a clear bearish bias, with multiple breakdowns below key intraday support levels. A low-volume pullback near 0.0276 suggests short-term buyers entered, forming a
engulfing pattern. However, the lack of follow-through buying raises the possibility of further tests near 0.0275.

Moving Averages and Oscillators



On the 5-minute chart, the price closed below the 20-period and 50-period moving averages, confirming a short-term downtrend. The RSI dipped into oversold territory at 27, while the MACD remained bearish with a negative histogram, reinforcing downside pressure.

Bollinger Bands and Volatility


Price traded near the lower Bollinger Band for much of the session, indicating elevated bearish volatility. A recent narrowing in the band width suggests a potential reversal could be near, though confirmation remains pending.

Volume and Turnover Analysis


Volume expanded significantly during the key breakdowns below 0.029 and 0.0285, validating bearish sentiment. However, a drop in turnover at the recent low near 0.0276 suggests short-term profit-taking or order-book exhaustion, potentially offering a near-term floor to the move.

Fibonacci Retracements


The 61.8% Fibonacci retracement level from the 0.0294 high to the 0.0275 low sits near 0.0282. A retest of this level may offer a key resistance for buyers. The 38.2% level at 0.0287 appears more bearish for short-term sellers.

The formation of a bullish engulfing pattern at the 0.0276 level could signal a near-term bounce, but the overall bearish momentum and key support breakdowns suggest a cautious outlook for the next 24 hours. Investors should monitor the 0.0275 level closely for any signs of capitulation or exhaustion.