That kick probably woke a lot of people up. $ONE is down 8.24% today, trading at 0.001682, just a hair above the 24-hour low of 0.001606. Anyone who thought it was holding steady a couple of days ago must be having a rough time today.
In plain English: down 8.24% in a day, with 24-hour trading volume at 21.1M. The low of 0.001606 is right in sight, and there’s not much cushion below. If it slips here, it’ll hit a new low. This kind of drop is the most agonizing—you don’t know whether to sell or hold.
I’m inclined to sit tight for now. The drop is already so steep that shorting now could mean chasing it right at the bottom. But if it breaks below 0.001606, I’ll change my mind immediately and expect it to fall further.
A word of honesty from anyone holding $ONE : are you more tempted to buy the dip or get out?
$ONE
#ONE #MarketAnalysis
In plain English: down 8.24% in a day, with 24-hour trading volume at 21.1M. The low of 0.001606 is right in sight, and there’s not much cushion below. If it slips here, it’ll hit a new low. This kind of drop is the most agonizing—you don’t know whether to sell or hold.
I’m inclined to sit tight for now. The drop is already so steep that shorting now could mean chasing it right at the bottom. But if it breaks below 0.001606, I’ll change my mind immediately and expect it to fall further.
A word of honesty from anyone holding $ONE : are you more tempted to buy the dip or get out?
$ONE
#ONE #MarketAnalysis