WOO/Tether (WOOUSDT) Market Overview on 2025-11-11

• Price action shows a 0.47% gain, with a 24-hour high of $0.0370 and a low of $0.0346.
• Volume surged significantly in late ET hours, peaking at over 864,200 units around 20:15 ET.
• Volatility expanded as price broke above key resistance levels, suggesting bullish momentum.
• RSI and MACD indicate moderate overbought conditions with converging bullish signals.
• A potential bearish divergence appears in the final hours, signaling caution for short-term traders.

WOO/Tether (WOOUSDT) opened at $0.0353 on 2025-11-10 at 12:00 ET, reached a 24-hour high of $0.0370, and a low of $0.0346 before closing at $0.0356 on 2025-11-11 at 12:00 ET. Total volume for the period was 10,452,315.9, with a notional turnover of approximately $365,500.

The 24-hour candlestick chart reveals a strong bullish bias, particularly in the latter half of the day. A key breakout above $0.0358 in the early evening (ET) appears to confirm a short-term reversal in sentiment. On the 15-minute chart, the price formed multiple bullish engulfing patterns and a morning star pattern around 22:45–23:15 ET, reinforcing the idea of a potential turning point. Support levels appear to reside around $0.0352–$0.0353, with $0.0355–$0.0358 as key resistance levels. A doji formed near $0.0359, indicating temporary indecision before a pullback in the early hours of 2025-11-11.

The 20-period moving average (15-minute) crossed above the 50-period moving average during the late ET hours, forming a potential golden cross, while the 200-period daily MA remains above current price levels, indicating a longer-term bullish setup. RSI surged to 62 during the late ET session, suggesting moderate overbought conditions, though not extreme. MACD turned positive and crossed above the signal line, confirming the bullish momentum. Volatility expanded as prices moved outside the upper Bollinger Band in the late hours, indicating a breakout phase. Volume and turnover spiked in the 20:15–21:30 ET window, aligning with the price breakout and suggesting strong conviction.

Fibonacci retracement levels for the 15-minute swing from $0.0346 to $0.0370 show the 50% retrace at $0.0358, which coincides with the late ET high. A 38.2% retracement at $0.0363 and 61.8% at $0.0352 are critical levels to watch in the next 24 hours. The price closed just below the 61.8% level, which may act as a near-term support or resistance depending on follow-through.

Looking ahead, a successful retest of the $0.0358–$0.0360 range could open the door to a test of the $0.0365 level. However, a pullback to the 61.8% retracement level or below $0.0352 may trigger short-term profit-taking. Investors should monitor the 20 and 50-period moving averages for further directional confirmation and watch for volume divergence in the next 24 hours to assess the strength of the bullish move.

Backtest Hypothesis
The MACD Golden-Cross strategy on WOO/Tether appears to align with the 20/50-period moving average crossover observed in the late ET breakout. However, the historical performance (2022–2025) of this strategy in WOO/Tether shows limited profitability and significant drawdowns, indicating that while the technical signals are bullish, the asset's volatility and liquidity profile make this a high-risk trade. A refined approach that integrates RSI and Fibonacci levels, or a trend-following filter (e.g., above 200-period MA), may improve risk-adjusted returns. Investors are advised to approach any live deployment with caution and consider adaptive stop-loss and take-profit rules.