THERE IS SOMETHING WEIRD IN THIS MOVE OF $ONE ... DID YOU SEE IT?
A +113% jump in just 24 hours and a brutal volume of $265 MILLION sounds like a full-on party, but look at this detail on the 15m chart. 📉👀
The price touched 0.0014445 USDT and left a quick rejection wick. The distance between the current price (0.0014100 USDT) and the MA(25) at 0.0010970 USDT is huge. When the rubber band stretches that much, the return to the mean is usually fast and brutal.
⚠️ The Dilemma:
• Is this the start of a parabolic run toward $0.00200?
• Or are market makers distributing at the top to catch the FOMO of the ones who got left behind?
💬 What does your gut tell you? LONG on the breakout or setting the trap in SHORT? 👇 $ONE #one
A +113% jump in just 24 hours and a brutal volume of $265 MILLION sounds like a full-on party, but look at this detail on the 15m chart. 📉👀
The price touched 0.0014445 USDT and left a quick rejection wick. The distance between the current price (0.0014100 USDT) and the MA(25) at 0.0010970 USDT is huge. When the rubber band stretches that much, the return to the mean is usually fast and brutal.
⚠️ The Dilemma:
• Is this the start of a parabolic run toward $0.00200?
• Or are market makers distributing at the top to catch the FOMO of the ones who got left behind?
💬 What does your gut tell you? LONG on the breakout or setting the trap in SHORT? 👇 $ONE #one
