$ONE is approaching a level that could change its short-term direction.
The key zone is $0.001608–$0.001651.
Here's how I'm reading the setup:
A strong candle close above $0.001651, supported by rising volume, could open the door for another upward move.
But if price gets rejected again, the breakout idea loses strength. The recent $0.0014258 low is an important level to keep in view.
One more thing: Harmony's proposed Ethereum migration adds fundamental uncertainty, so this is a high-risk trade idea.
My focus is on the breakout confirmation, not chasing the first green candle.
#one #Harmony #cryptotrading #BreakoutSetup #BinanceSquare
The key zone is $0.001608–$0.001651.
Here's how I'm reading the setup:
A strong candle close above $0.001651, supported by rising volume, could open the door for another upward move.
But if price gets rejected again, the breakout idea loses strength. The recent $0.0014258 low is an important level to keep in view.
One more thing: Harmony's proposed Ethereum migration adds fundamental uncertainty, so this is a high-risk trade idea.
My focus is on the breakout confirmation, not chasing the first green candle.
#one #Harmony #cryptotrading #BreakoutSetup #BinanceSquare
