WOO is currently in a sideways consolidation phase, with clear signs of bottoming out. From a technical perspective, the main resistance level is at 0.0297, and the effective support is at 0.0239. These two price points are the key trading ranges in the near term.

If you want to seize this opportunity, you can consider entering long positions at the current price to bet on a breakout, but be sure to set a stop loss below 0.0239 to avoid downside risk. For traders with lower risk appetite, it might be better to wait and observe, and only enter after the price effectively breaks through the resistance level, which will increase the probability of success.

After entering the market, closely monitor the trend. If there is no sign of a breakout within 12 hours, it is recommended to exit decisively to avoid capital being drained in the consolidation. Managing this rhythm is crucial for short-term trading.