Bouns For Ever A Analysis for $WOO in Both Long And Short Cases
✅ SUMMARY OF MARKET CONDITION
Weekly trend: Strong downtrend, price below all MAs → bearish.
Daily trend: Lower highs + lower lows, no sign of reversal.
1H chart: Small bounce but still below 200MA → short-term relief, not a trend reversal.
This means:
✔ Short setups = safer
✔ Long setups only valid for scalp bounce
📉 BEST SHORT SETUP (Higher Probability)
Reason:
Trend is down on all major timeframes and price repeatedly rejects the 25–26 zone. Weak volume + rejection from MA99 confirms continuation.
Short Entry:
👉 0.02550 – 0.02600
Stop-Loss:
👉 0.02720 (above last rejection + MA resistance)
Take-Profits:
TP1: 0.02420
TP2: 0.02340
TP3: 0.02280 (major liquidity zone)
Short Strategy Notes:
✔ Enter only if price retests 0.0255–0.026 and shows rejection w/ long wicks
✔ If it breaks 0.02340 with volume → extend target to 0.02160
✔ Best setup among both options
📈 BEST LONG SETUP (Only for bounce scalp)
Reason :
Price is forming a micro-base around 0.0233–0.0240 and 1H shows small bullish divergence. This is not a trend reversal, only a potential bounce zone.
Long Entry:
👉 0.02340 – 0.02380
Stop-Loss:
👉 0.02290 (below recent wick)
Take-Profits:
TP1: 0.02500
TP2: 0.02560
TP3: 0.02620 (strong resistance – exit fully)
Long Strategy Notes:
✔ Only scalp—don’t hold long in a macro downtrend
✔ If price breaks above 0.02620 with strong volume → trend may shift later
🧭 FINAL DIRECTION CALL
✔ Primary Direction = SHORT
✔ Long = only for quick bounce scalps
