#one This wave is violently piercing 0.003. In just 9 hours, it breaks to a new high. So is this wave from 0.0051 topped already? Where could it go next?
First, the conclusion: ONE has not fully topped yet, and there is still room to push higher.
Based on the current candlestick chart, this violent surge from the lower levels is a main uptrend (impulsive rally) rather than a fully topped situation. There should still be upward momentum ahead.
Starting from the historical low around 0.0005800, it formed a smooth one-way main rally, reaching a peak of 0.0031950. The short-term gain exceeded 450%, which is a typical strong-trend setup where capital flows in aggressively and concentrates.
After the high, the small pullback is just short-term profit-taking digestion and has not broken the key support level of this rally. The bullish trend has not been completely damaged.
Upward overhead trapped-seller pressure has not yet shown a concentrated appearance. As long as there is sufficient buy-side follow-through, the market still has further upside impetus.
🎯 Next target levels (reference)
First target: 0.0038. This is the first dense trade resistance zone after the rally. Once it breaks through, it will open up new space for further upside.
Second target: 0.0052. This corresponds to the earlier historical dense trade area and is the core observation high point of this current move.
If, later on, major positive news continues to bring in sustained capital, there may even be a chance to challenge higher price zones of 0.006—0.008+.
For altcoins with highly concentrated holdings, the fund manager/“whale” control is extremely high. Short-term volatility will be very intense—daily swings can even exceed 50%. Chasing blindly can easily lead to deep bags. Be sure to set a strict stop-loss and do not “all-in” recklessly.
At this stage, it’s not recommended to chase. Instead, wait for the price to pull back to support and stabilize, then consider entering long positions with a light allocation to trade the rebound. When approaching resistance, take profit in batches to avoid getting stuck holding bags from buying at high levels.
Full-time crypto trader, contract trading to earn and care for capital, no operating in the dark—steady profits. Smart as you, @渔歌趋势
First, the conclusion: ONE has not fully topped yet, and there is still room to push higher.
Based on the current candlestick chart, this violent surge from the lower levels is a main uptrend (impulsive rally) rather than a fully topped situation. There should still be upward momentum ahead.
Starting from the historical low around 0.0005800, it formed a smooth one-way main rally, reaching a peak of 0.0031950. The short-term gain exceeded 450%, which is a typical strong-trend setup where capital flows in aggressively and concentrates.
After the high, the small pullback is just short-term profit-taking digestion and has not broken the key support level of this rally. The bullish trend has not been completely damaged.
Upward overhead trapped-seller pressure has not yet shown a concentrated appearance. As long as there is sufficient buy-side follow-through, the market still has further upside impetus.
🎯 Next target levels (reference)
First target: 0.0038. This is the first dense trade resistance zone after the rally. Once it breaks through, it will open up new space for further upside.
Second target: 0.0052. This corresponds to the earlier historical dense trade area and is the core observation high point of this current move.
If, later on, major positive news continues to bring in sustained capital, there may even be a chance to challenge higher price zones of 0.006—0.008+.
For altcoins with highly concentrated holdings, the fund manager/“whale” control is extremely high. Short-term volatility will be very intense—daily swings can even exceed 50%. Chasing blindly can easily lead to deep bags. Be sure to set a strict stop-loss and do not “all-in” recklessly.
At this stage, it’s not recommended to chase. Instead, wait for the price to pull back to support and stabilize, then consider entering long positions with a light allocation to trade the rebound. When approaching resistance, take profit in batches to avoid getting stuck holding bags from buying at high levels.
Full-time crypto trader, contract trading to earn and care for capital, no operating in the dark—steady profits. Smart as you, @渔歌趋势
