$ONE Shares collapse 17.8% and liquidity evaporates.. Are we facing a final surrender or a liquidity trap?
The price at 0.002395 with trading volume not exceeding 11% of the average indicates the absence of genuine buyers, not just profit-taking. The 15-minute candles close below the main demand zones, with the RSI in an extremely oversold area, opening the door to a drop toward 0.0021 if the last low is broken.
The most likely scenario: slow bleeding continues toward lower liquidity zones to fill the accumulated buy orders, while waiting for an institutional buyer to defend the psychological level of 0.0020.
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$ONE
This content is not investment advice; do your own research (DYOR)
The price at 0.002395 with trading volume not exceeding 11% of the average indicates the absence of genuine buyers, not just profit-taking. The 15-minute candles close below the main demand zones, with the RSI in an extremely oversold area, opening the door to a drop toward 0.0021 if the last low is broken.
The most likely scenario: slow bleeding continues toward lower liquidity zones to fill the accumulated buy orders, while waiting for an institutional buyer to defend the psychological level of 0.0020.
Follow us for more analyses
$ONE
This content is not investment advice; do your own research (DYOR)
