Fading strength on $WOO — and this chart’s starting to look heavy. Rejected at $0.0755, printing lower highs ever since. That’s a textbook loss of momentum. We’re now hugging $0.0702 — and a clean break under $0.0700 could trigger the sell-off I’m positioned for.
Here’s my trade plan:
Entry: $0.0700–$0.0710
TP1: $0.0680
TP2: $0.0660
Stop: $0.0738
Market structure is weakening, and we’re now at a key inflection. If sellers step up, this could drop fast. I’ll be watching for volume spikes and failed recovery attempts to confirm entry.
Plenty of eyes are on macro headlines, but this is a pure technical setup in play. Patience pays — timing is everything. Not every dip is a buy. Sometimes, it’s the perfect short.
