$ONE
📉 Is ONEUSDT forming a top? 👀
ONE has just made a brutal move: approximately +169%, rising from the 0.00065 zone to 0.00175.
Now I’m watching several signs that could favor a correction:
🔴 Rejection of the high at 0.00175
🔴 Current price around 0.00160
🔴 Parabolic move after a very strong rally
🔴 Consolidation near the high
🔴 Volume starts to lose momentum
🔴 Price is far from the moving averages
🐻 My scenario: I wouldn’t go short just because it has already pumped a lot. I’d wait for confirmation of a break in the current structure.
📍 Zones I’d watch if the rejection is confirmed:
🎯 TP1: 0.00150
🎯 TP2: 0.00132–0.00135
🎯 TP3: 0.00120
🚨 Invalidation: a clear recovery of 0.00175–0.00180.
Also, Binance has announced changes related to the Mark Price and ONEUSDT funding, so extra caution is needed regarding volatility.
What do you think? 👇
🐻 SHORT
🐂 LONG
Would you enter now or wait for confirmation?
#ONE #cryptouniverseofficial y #Binance #TradingCommunity #Futures
📉 Is ONEUSDT forming a top? 👀
ONE has just made a brutal move: approximately +169%, rising from the 0.00065 zone to 0.00175.
Now I’m watching several signs that could favor a correction:
🔴 Rejection of the high at 0.00175
🔴 Current price around 0.00160
🔴 Parabolic move after a very strong rally
🔴 Consolidation near the high
🔴 Volume starts to lose momentum
🔴 Price is far from the moving averages
🐻 My scenario: I wouldn’t go short just because it has already pumped a lot. I’d wait for confirmation of a break in the current structure.
📍 Zones I’d watch if the rejection is confirmed:
🎯 TP1: 0.00150
🎯 TP2: 0.00132–0.00135
🎯 TP3: 0.00120
🚨 Invalidation: a clear recovery of 0.00175–0.00180.
Also, Binance has announced changes related to the Mark Price and ONEUSDT funding, so extra caution is needed regarding volatility.
What do you think? 👇
🐻 SHORT
🐂 LONG
Would you enter now or wait for confirmation?
#ONE #cryptouniverseofficial y #Binance #TradingCommunity #Futures