Market Overview: WOO/Tether (WOOUSDT) 24-Hour Technical Summary

Summary
• WOO/Tether consolidates near 0.0280 amid mixed momentum signals.
• Volatility expands after 21:00 ET, pushing price above 0.0285.
• Volume spikes coincide with bullish breakouts and bearish retracements.
• RSI suggests oversold conditions, but price remains capped by 0.0283–0.0285.
• Bollinger Band contraction suggests potential for increased directional movement.

24-Hour Summary

WOO/Tether (WOOUSDT) opened at 0.0280 on 2025-12-31 12:00 ET, reached a high of 0.0292, a low of 0.0274, and closed at 0.0281 by 2026-01-01 12:00 ET. Total volume for the 24-hour period was approximately 10,384,442.3, while notional turnover amounted to around 286,603.75.

Structure & Formations

Price action shows a bullish breakout above the 0.0285 level, followed by a bearish retracement that tested support at 0.0281. A potential bearish engulfing pattern appeared at 0.0292–0.0287, while a morning star pattern may have formed near 0.0279–0.0283. A key resistance appears at 0.0285–0.0287, with support likely to hold around 0.0281–0.0280.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages indicate a near-equal tug between bulls and bears, with price hovering slightly above the 50-period line. Daily averages are not available within the dataset, but based on the broader trend, price appears to be approaching potential confluence of 50- and 200-period support levels.

Momentum and Volatility

Relative Strength Index (RSI) fluctuated between overbought (above 60) and oversold (below 30) levels, particularly after 21:00 ET. MACD showed mixed momentum, with a bearish crossover at 0.0291 and a bullish crossover at 0.0277. Bollinger Bands showed a clear expansion during the 21:00–00:00 ET period, indicating heightened volatility.

Volume and Turnover

Volume spiked during the 22:15–22:45 ET and 01:30–01:45 ET periods, coinciding with sharp price movements. Notional turnover followed suit, with notable surges during bullish breakouts. No major divergences were observed, suggesting volume generally confirmed price action.

Fibonacci Retracements

Applying Fibonacci to the 5-minute swing from 0.0274 to 0.0292, key levels at 0.0284 (61.8%) and 0.0281 (38.2%) acted as strong price anchors. On a daily basis, if the retracement extends further, 0.0280–0.0279 may hold as a critical support zone.

WOOUSDT may remain range-bound in the near term as buyers test the 0.0285–0.0287 level and sellers defend 0.0280–0.0281. A breakout above 0.0286 could attract renewed buying interest. Investors should monitor volume patterns for signs of a potential trend shift in the next 24 hours, while being cautious of short-term volatility.