Market Overview: WOO (WOOUSDT) on 2025-08-25

• Price declined from a peak of $0.0780 to close near $0.0708 amid a sharp bearish reversal.
• A large bearish candle formed around 19:45 ET with a 7.6% drop and massive volume, signaling possible exhaustion.
• RSI shows oversold conditions near 28, while Bollinger Bands reflect compressed volatility.
• Volume spiked over 2.7M during the key bearish reversal, confirming downward momentum.
• Fibonacci levels near $0.0703 and $0.0726 appear critical for near-term direction.

WOO opened at $0.0745 (12:00 ET − 1) and hit a high of $0.0780 before closing at $0.0708 at 12:00 ET. Total 24-hour volume reached 21.8M, with $1.57M in turnover. The price action revealed a sharp bearish reversal, driven by a massive volume spike and a large bearish candle.

Structure & Formations

A significant bearish reversal emerged between 19:45 and 20:00 ET, where WOO dropped from $0.0786 to $0.0765 in one candle, followed by continued downward pressure. This was later confirmed by a long bearish candle the next morning, breaking below prior support at $0.0730. A key 15-minute Fibonacci level at $0.0703 appears to provide immediate support, while $0.0726 acts as a short-term resistance on a rebound.

Moving Averages

On the 15-minute chart, price closed below both the 20- and 50-period moving averages, reinforcing bearish momentum. Daily MA analysis shows WOO is still above the 50- and 100-day averages but well below the 200-day average, suggesting medium-term uncertainty but potential short-term bearish continuation.

MACD & RSI

The RSI dipped into oversold territory, hitting 28, suggesting a possible near-term rebound. However, the MACD remains in negative territory with bearish divergence, indicating that any rally could be short-lived. Price has yet to confirm a reversal above the zero line, so caution is warranted.

Bollinger Bands

Volatility has contracted significantly over the last 15 minutes of the day, with WOO closing near the lower band at $0.0708. This suggests potential consolidation and a possible bounce from the band. However, a break below the $0.0703 level could trigger further expansion to the downside.

Volume & Turnover

Volume surged to 2.7M during the key bearish candle at 19:45 ET, confirming the bearish move. However, turnover has slowed in the final hours, indicating waning selling pressure. The divergence between price and volume suggests the move may be exhausting.

Fibonacci Retracements

The 38.2% retracement level from the recent swing high at $0.0780 and low at $0.0703 sits at $0.0741, where buyers could test for support. A close above $0.0754 (61.8% retracement) would indicate a short-term bullish reversal.

WOO may find immediate direction from the $0.0703 and $0.0726 levels in the next 24 hours. A break below $0.0703 could extend the correction, while a strong rebound above $0.0726 may restore bullish momentum. Investors should remain cautious of potential volatility and mixed momentum signals.