Market Overview for WOO/Tether (WOOUSDT) – 24-Hour Analysis (2025-09-13)

• WOOUSDT formed a strong bullish trend over the last 24 hours, closing near the session high.
• Price broke above key 15-minute resistance levels with strong volume confirmation.
• RSI remains in overbought territory, suggesting potential short-term consolidation.
• Bollinger Bands expanded sharply, indicating increased volatility in the short term.
• Volume surged during the breakout phase, reinforcing price strength and conviction.

At 12:00 ET on 2025-09-13, WOO/Tether (WOOUSDT) opened at $0.0699, hit a high of $0.0761, a low of $0.0698, and closed at $0.0758. The total volume traded was 4,500,395.2 and the total notional turnover was $325,513.99.

Structure & Formations

The 24-hour chart shows a clear bullish bias, with price forming a higher high and higher lows in a well-defined ascending channel. Multiple 15-minute bullish engulfing patterns appeared between 2025-09-12 18:45 and 2025-09-13 09:30, confirming bullish momentum. Key resistance levels were observed at $0.0710, $0.0725, and $0.0750, each of which was decisively broken with volume support. A bearish reversal pattern emerged briefly in the last 15 minutes as price pulled back to $0.0745, but it remained below the 20-period moving average, suggesting the uptrend remains intact.

Moving Averages and Momentum

The 20- and 50-period moving averages on the 15-minute chart have been ascending in unison, with price consistently trading above both. On the daily chart, price remains above the 50, 100, and 200-period moving averages, reinforcing a multi-timeframe bullish setup. The MACD has been in positive territory for the last 18 hours, with a recent bullish crossover adding to the case for continued momentum. However, the RSI has entered overbought territory, currently at 68, suggesting the potential for a consolidation phase in the near term.

Bollinger Bands and Volatility

Bollinger Bands have widened significantly over the last 6 hours, indicating rising volatility. Price has traded in a tight range within the upper band for much of the session, reflecting strong buyer control. A contraction phase occurred briefly during the early morning hours but was quickly followed by a breakout. Given the current expansion and high RSI, a pullback to the mid-band (~$0.0738) may offer a favorable entry point for longer-term bullish positions.

Volume and Turnover

Volume spiked sharply during the breakout from $0.0720 to $0.0750, with the largest 15-minute turnover occurring at 2025-09-13 09:30, driven by a large 697,000+ volume candle as price jumped to $0.0748. Turnover confirmed the price action, with no significant divergence observed. However, volume has declined slightly in the last hour as price retreated, which may indicate a pause in aggressive buying.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent $0.0698 to $0.0761 move, $0.0752 aligns with the 61.8% level, where price has tested and continued higher. The 38.2% retracement at $0.0741 appears to be a support level for the short term. A rejection at the 78.6% level (~$0.0748) would signal a strong continuation of the trend.

Backtest Hypothesis

A backtesting strategy could be designed around the combination of bullish engulfing patterns, MACD crossovers, and price above key moving averages. For instance, a long entry could be triggered when price closes above a bullish engulfing pattern on the 15-minute chart, with a stop loss placed below the 20-period moving average. A take-profit target could be set at the 61.8% Fibonacci extension of the recent bullish move. This approach aligns with the current structure and could be tested over the last 30 days to evaluate its profitability in a high-volatility environment.

Looking ahead, WOOUSDT appears poised to test $0.0760–$0.0765, with a potential retest of $0.0750 if volatility normalizes. Investors should remain cautious of a pullback to the mid-Bollinger Band as a potential entry point, but be mindful of liquidation risk above $0.0760 given the overbought RSI.