I’m looking at $ONE still trading below the MA60 at 0.001691, with the current price around 0.001667. The recent bounce is struggling to hold above the 0.001669 area, so for me the key question is whether buyers can reclaim the MA60 or get rejected again.
The structure is still weak on this visible section. I’d be interested in a short only if price pushes back toward 0.001683–0.001691 and shows rejection. The recent visible support is around 0.001654.
📍 Entry: 0.001683–0.001691
🎯 TP1: 0.001654
🎯 TP2: Not clear enough from the visible chart
🛑 Invalidation: Above 0.001698
If price breaks and holds above 0.001698, I’d step away from this setup because the rejection idea would be losing its structure.
I’m not chasing ONE at the current price. I’d rather wait for a retest of the MA60 area and see whether sellers actually defend it.
The structure is still weak on this visible section. I’d be interested in a short only if price pushes back toward 0.001683–0.001691 and shows rejection. The recent visible support is around 0.001654.
📍 Entry: 0.001683–0.001691
🎯 TP1: 0.001654
🎯 TP2: Not clear enough from the visible chart
🛑 Invalidation: Above 0.001698
If price breaks and holds above 0.001698, I’d step away from this setup because the rejection idea would be losing its structure.
I’m not chasing ONE at the current price. I’d rather wait for a retest of the MA60 area and see whether sellers actually defend it.