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Wootoken

WOO: Preparing for Long Entry at Key 1H LevelThe WOO token is currently at a pivotal juncture, showing signs of a potential correction as it approaches a significant level on the 1-hour (1H) chart. This level has elicited a notable reaction, indicating its importance in the market's dynamics. My approach is to closely monitor for a solid entry point, which will be based on the price behavior at this level, along with the general market structure, especially in leading cryptocurrencies. If these factors align positively, I'm considering taking a long position. It's a critical time for traders to watch WOO, as the setup suggests a promising opportunity for a long trade.
Long
by Shved126
WOO/USD - Buy Opportunity Approaching! Woo under $1! 😎Missed on Binance's BNB Coin or Kucoin's KCS Token? I present you WOO Network, the hottest & cheapest exchange to trade on with no fees for limit orders. Plus you can stake your WOO token on the exchange... Binance invested $12 millions in WOO Network... follow the money. WOO token seems to be a great long term hold as a juicy exchange token with promising potential. Now for the TA: WOO had a nice rally at the start of 2022, but now the trend has reversed and it seems WOO token will likely fall to a lower support level as indicated by the chart. On the daily timeframe both the MACD and RSI are falling and the OBV has been bearish for a while now. All this indicates that the support at $0.90 may not hold this corrective move and Woo is due to fall lower. If price breaks the key support level then probably WOO will fall back towards $0.60 which should provide a great buy opportunity. Ideally you want to DCA on the way down. I'd be surprised for WOO to fall lower than $0.65. Bias is bearish in the near term, so get your powder ready in case we drop to BUY and HODL some or stack it. Woo is a good long term hold. If we bounce here, then the top of the ascending channel will act as resistance. Like and follow if you liked my idea!
Short
by DU09