Price Position and Structural State
WOO Network (WOO) closed at 0.01176 USDT on July 16, 2026, down 4.23%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.01037 USDT, with resistance near 0.01778 USDT. A daily close below 0.01037 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
WOO is trading above short-term moving averages but remains below longer-term resistance. MA9 at 0.011741 USDT can act as near-term support for the recovery attempt, while MA14 at 0.011819 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
WOO shows moderate trading friction, with a 3-day friction score of 62.2. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell sharply -10.02% in one day, showing a major reduction in futures exposure. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is negative on the 24-hour average at -0.002014%, with the 7-day average also negative at -0.001853%. This shows sustained short-side cost pressure across both short and medium windows.
The long/short ratio is 1.91, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
WOO remains strongly linked to the broader crypto market (Sigloid Index), with beta showing normal sensitivity to index movements. Correlation confirms that WOO moves closely with the index, while R² shows that index behavior explains a significant share of its movement. This means broader market direction carries meaningful weight when interpreting WOO. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.788 | 1.159 | 0.62 | Strong linkage |
| 60D | 0.808 | 1.105 | 0.653 | Strong linkage |
| 180D | 0.861 | 1.155 | 0.741 | Strong linkage |
Momentum, Volatility, and Indicator Pressure
WOO remains in a low-volatility setup. ATR% reads 5.96, close to the bottom of its full historical range, and Bollinger Band width% reads 17.33, close to the bottom of its full historical range. 20-day Volume Z-score is 0.20, so participation is not forcing a broader move yet.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +4.53%, while RSI is 46.28.
The read is early: some pressure is improving, but the asset remains compressed. A better signal would need range expansion and stronger volume.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. WOO stays closely linked to that market condition, so changes in market sentiment can still influence price behavior even when the broader trend is unclear.
Key Levels for the Next State Change
For WOO, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.01778 USDT establishes a bullish regime, while a daily close below 55-day support at 0.01037 USDT confirms a bearish regime.