$ONE
$ONE | Update: Distribution begins after the pump ๐
๐ The coin rose from 0.00102 to 0.00247 in two days, and is now pulling back and fluctuating around 0.00195.
๐ธ Hourly highs are declining: 0.00247, then 0.00244, then 0.00216, then 0.00208
๐ธ Open interest is down 4%, and funding is positive
๐ธ Price is in the middle of the range, so no new entries here
๐ฏ Levels:
๐ด Resistances: 0.0020, then 0.00209, then 0.00216, then 0.00247
๐ข Supports: 0.0018, then 0.00177, then 0.00167, then 0.00150
โ๏ธ Trades:
๐ด Short: Rejection from 0.00206โ0.00209 | Stop at 0.00219 | Targets: 0.00183, then 0.00167
๐ด Breakdown short: 15-minute close below 0.0018 | Targets: 0.00167, then 0.00155
๐ข Long: Bounce from 0.00182 | Stop at 0.00176 | Targets: 0.0020, then 0.00209
๐ข Breakout long: Hourly close above 0.00216 | Targets: 0.00237, then 0.00247
๐ My trade: Short from 0.00232, currently in profit โ
I lowered the stop to 0.00219 and will close half at 0.0018
๐ก The bias is slightly bearish, and the trend only breaks below 0.0018. An hourly close above 0.00216 opens the door to retest the high.
โ ๏ธ Not financial advice | DYOR
#ONE #ONEUSDT #Binance
$ONE | Update: Distribution begins after the pump ๐
๐ The coin rose from 0.00102 to 0.00247 in two days, and is now pulling back and fluctuating around 0.00195.
๐ธ Hourly highs are declining: 0.00247, then 0.00244, then 0.00216, then 0.00208
๐ธ Open interest is down 4%, and funding is positive
๐ธ Price is in the middle of the range, so no new entries here
๐ฏ Levels:
๐ด Resistances: 0.0020, then 0.00209, then 0.00216, then 0.00247
๐ข Supports: 0.0018, then 0.00177, then 0.00167, then 0.00150
โ๏ธ Trades:
๐ด Short: Rejection from 0.00206โ0.00209 | Stop at 0.00219 | Targets: 0.00183, then 0.00167
๐ด Breakdown short: 15-minute close below 0.0018 | Targets: 0.00167, then 0.00155
๐ข Long: Bounce from 0.00182 | Stop at 0.00176 | Targets: 0.0020, then 0.00209
๐ข Breakout long: Hourly close above 0.00216 | Targets: 0.00237, then 0.00247
๐ My trade: Short from 0.00232, currently in profit โ
I lowered the stop to 0.00219 and will close half at 0.0018
๐ก The bias is slightly bearish, and the trend only breaks below 0.0018. An hourly close above 0.00216 opens the door to retest the high.
โ ๏ธ Not financial advice | DYOR
#ONE #ONEUSDT #Binance