$ONE ๐ ONE/USDT | Quick speculative trade on a strong rebound!
Price shown: 0.001546 USDT
๐ Quick spot trade โ 1-minute timeframe
๐ข Entry zone: 0.001539โ0.001542
๐ฏ First target: 0.001550
๐ฏ Second target: 0.001560
๐ฏ Third target: 0.001575
๐ Stop-loss: 0.001532
Technical analysis: The price rebounded from the 0.001523 area.
It is trading above the MA60 at 0.001538.
Nearby resistance is at 0.001549โ0.001550.
A breakout above 0.001550 with increased trading volume would support further upside.
โ ๏ธ My view: Donโt chase the price at 0.001546. Itโs better to wait for a retest of the entry zone and for the price to hold above it. This is a high-risk speculative trade because the coin is down about 10% over the past 24 hours.
Not financial advice
Price shown: 0.001546 USDT
๐ Quick spot trade โ 1-minute timeframe
๐ข Entry zone: 0.001539โ0.001542
๐ฏ First target: 0.001550
๐ฏ Second target: 0.001560
๐ฏ Third target: 0.001575
๐ Stop-loss: 0.001532
Technical analysis: The price rebounded from the 0.001523 area.
It is trading above the MA60 at 0.001538.
Nearby resistance is at 0.001549โ0.001550.
A breakout above 0.001550 with increased trading volume would support further upside.
โ ๏ธ My view: Donโt chase the price at 0.001546. Itโs better to wait for a retest of the entry zone and for the price to hold above it. This is a high-risk speculative trade because the coin is down about 10% over the past 24 hours.
Not financial advice