ONEUSDT – Bearish Momentum Continues 📉
ONEUSDT is showing a clear bearish structure on the 1-hour timeframe.
Price continues to form lower highs and lower lows, while the EMA 20, 50, 100, and 200 are positioned above the current price. This suggests that sellers remain in control.
My Trading Setup:
- Direction: SHORT
- Entry: Around 0.0012673
- Stop Loss: 0.0012995
- Take Profit: 0.0006347
What I'm Watching:
I want to see a pullback toward the EMA resistance area followed by bearish confirmation before considering an entry.
No need to chase the price. Patience and proper risk management are essential.
Remember: This is a technical analysis idea, not financial advice. Always manage your risk.
#ONEUSDT #CryptoTrading #TechnicalAnalysis #Binance #priceaction $ONE
ONEUSDT is showing a clear bearish structure on the 1-hour timeframe.
Price continues to form lower highs and lower lows, while the EMA 20, 50, 100, and 200 are positioned above the current price. This suggests that sellers remain in control.
My Trading Setup:
- Direction: SHORT
- Entry: Around 0.0012673
- Stop Loss: 0.0012995
- Take Profit: 0.0006347
What I'm Watching:
I want to see a pullback toward the EMA resistance area followed by bearish confirmation before considering an entry.
No need to chase the price. Patience and proper risk management are essential.
Remember: This is a technical analysis idea, not financial advice. Always manage your risk.
#ONEUSDT #CryptoTrading #TechnicalAnalysis #Binance #priceaction $ONE
