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Something feels a bit off about this recent pump on $WOO .
We just hit $0.0191 and everyone is starting to get excited again, but take a look at that order book first. The sell side is looking heavy at 73% right now.
Price action wise, we finally broke out of that nasty downtrend that bottomed near $0.0154. It’s a solid recovery, but we are heading straight into a local resistance zone around $0.0195 to $0.0200.
Volume is okay, but it’s not exactly screaming "moon mission" just yet. I want to see if we can flip $0.0192 into support or if this is just another lower high in the making.
If we reject here, I'm looking at $0.0180 for a retest. Not jumping in blindly at the top of a green candle. Watching the 1D closely.
#WCTCTradingChallengeShare8MUSDT