#ONE
*Current price:* 0,002660 - +23% - it’s a vertical PUMP. It went from 0,002046 at the bottom to 0,002700 at the top in just a few candles.
*1. EMA - top / bottom:*
- EMA(7): 0,002334
- EMA(25): 0,002225
- EMA(99): 0,002265
Here the price is very, very high above all the EMAs. When the price gets that high, it always ends up dropping back to touch the EMAs below. That’s the law.
Your closest bottom support: 0,002334 (EMA7). If it breaks down, the next support: 0,002265.
*2. RSI(6): 94,28 - DANGER*
RSI > 70 = overbought. Here you’re at 94. That’s extreme. It means 95% of buyers have already bought. There’s nobody left at the top to buy. This is the moment when the whales sell at the top.
*3. The Binance risk note at the bottom:*
"Harmony was exploited" - this coin was hacked in the past. Pumps like this on old coins are often liquidity traps.
*My plan for you dear traders:*
- *DO NOT buy at the top now.* You’ll be buying the peak.
- If you’re already in from the bottom at 0,002046, secure your position: sell 50% at the top now at 0,002660
- Wait for a pullback down to 0,00233 - 0,00230 to buy back.
- Resistance at the top: 0,002700. If it breaks above 0,002700 with volume, it could go to 0,002850. But otherwise, a strong drop back down is expected.
*Current price:* 0,002660 - +23% - it’s a vertical PUMP. It went from 0,002046 at the bottom to 0,002700 at the top in just a few candles.
*1. EMA - top / bottom:*
- EMA(7): 0,002334
- EMA(25): 0,002225
- EMA(99): 0,002265
Here the price is very, very high above all the EMAs. When the price gets that high, it always ends up dropping back to touch the EMAs below. That’s the law.
Your closest bottom support: 0,002334 (EMA7). If it breaks down, the next support: 0,002265.
*2. RSI(6): 94,28 - DANGER*
RSI > 70 = overbought. Here you’re at 94. That’s extreme. It means 95% of buyers have already bought. There’s nobody left at the top to buy. This is the moment when the whales sell at the top.
*3. The Binance risk note at the bottom:*
"Harmony was exploited" - this coin was hacked in the past. Pumps like this on old coins are often liquidity traps.
*My plan for you dear traders:*
- *DO NOT buy at the top now.* You’ll be buying the peak.
- If you’re already in from the bottom at 0,002046, secure your position: sell 50% at the top now at 0,002660
- Wait for a pullback down to 0,00233 - 0,00230 to buy back.
- Resistance at the top: 0,002700. If it breaks above 0,002700 with volume, it could go to 0,002850. But otherwise, a strong drop back down is expected.