WOO To Soar Further? Key Breakout Signals Potential Upside Move

2025-09-21 18:35:53

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Date: Sun, Sept 21, 2025 | 06:20 PM GMT The cryptocurrency market is undergoing a slight retracement after the initial Fed-driven surge, with Bitcoin (BTC) and Ethereum (ETH) both trading flat now. However, several altcoins are flashing bullish setups — and among them is Woo (WOO). $WOO has surged more than 8% in the past 24 hours. More importantly, the chart is now flashing a breakout signal that could set the stage for further upside.

Source: Coinmarketcap Descending Triangle Breakout in Focus On the daily chart, WOO had been consolidating inside a descending triangle, typically considered a bearish continuation pattern. However, this time bulls have flipped the script. After weeks of compression, price action broke out of the upper descending resistance line, pushing WOO to a high of $0.077 today. This breakout indicates fresh buying momentum and a shift in sentiment from consolidation to potential expansion.

WOO Daily Chart/Coinsprobe (Source: Tradingview) What’s Next for WOO? From the current level around $0.076, WOO could revisit the breakout zone near $0.0735 for a retest. If this level holds as support, bulls may regain control and target the next upside objective at $0.1040 — nearly a 37% rally from current prices. On the downside, if WOO slips back below the breakout trendline support, the bullish setup would be invalidated, leaving room for a deeper correction toward the $0.065 area. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

WOO3.39%

BTC0.35%

ETH0.3%

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