đ„ $ONE Pumped 150%+ In Just A Few Days For A Reason... And Most Traders Are Missing It
Guys, $ONE pumped 150%+ in just a few days. Obviously it's late to chase the pump, but I don't think the move is finished yet.
I know you're confused now: LONG or SHORT? Don't worry, Meow is here đŒ
Derivatives: Futures CVD is +5.19B ONE, futures orderbook delta +7.2M, while taker buy/sell is around 1.0026. Funding was negative, so shorts are still paying longs.
Liquidation heatmap: 12H/24H/48H show liquidity around $0.0041, $0.0044-$0.0045, $0.0046-$0.0047 and $0.0052+. Downside liquidity sits around $0.0036-$0.0037.
CVD + Spot Flow: Spot CVD is -185.9M ONE, so spot hasn't fully confirmed the move yet. But 1D money flow remains +$616M ONE.
Orderbook + VWAP: Total orderbook delta is +3.5M, VWAP is around $0.00393, with lower VWAP near $0.00377. Volume profile also shows price holding well above the main historical acceptance area.
And many traders misunderstood the Harmony shutdown. The Sep 10 snapshot has already happened, and migration work is ongoing. ONE is being migrated to Ethereum while Harmony moves away from its own L1.
So this isn't simply a "shutdown = bearish" story. The market is trading the Ethereum migration + new AI narrative, while derivatives have amplified the move.
đ My setup:
Current Entry: $0.00385-$0.00405
Recommended Entry: $0.00355-$0.00375
Deeper entry: $0.00335-$0.00345
TP1: $0.00445
TP2: $0.00495-$0.00525
TP3: $0.00582-$0.00615
High TP: $0.00650+
SL: below $0.00330
Once price reaches the entry zone, don't instantly enter. Wait for a 30M candle close holding/reclaiming the zone, or 2x 15M candles confirming support.
đ My take: I prefer LONG on a confirmed pullback. The upside liquidity is attractive, but after a 150%+ move and multi-day rally, chasing is where RR gets destroyed.
Let $ONE come to your entry. Don't chase.
Guys, $ONE pumped 150%+ in just a few days. Obviously it's late to chase the pump, but I don't think the move is finished yet.
I know you're confused now: LONG or SHORT? Don't worry, Meow is here đŒ
Derivatives: Futures CVD is +5.19B ONE, futures orderbook delta +7.2M, while taker buy/sell is around 1.0026. Funding was negative, so shorts are still paying longs.
Liquidation heatmap: 12H/24H/48H show liquidity around $0.0041, $0.0044-$0.0045, $0.0046-$0.0047 and $0.0052+. Downside liquidity sits around $0.0036-$0.0037.
CVD + Spot Flow: Spot CVD is -185.9M ONE, so spot hasn't fully confirmed the move yet. But 1D money flow remains +$616M ONE.
Orderbook + VWAP: Total orderbook delta is +3.5M, VWAP is around $0.00393, with lower VWAP near $0.00377. Volume profile also shows price holding well above the main historical acceptance area.
And many traders misunderstood the Harmony shutdown. The Sep 10 snapshot has already happened, and migration work is ongoing. ONE is being migrated to Ethereum while Harmony moves away from its own L1.
So this isn't simply a "shutdown = bearish" story. The market is trading the Ethereum migration + new AI narrative, while derivatives have amplified the move.
đ My setup:
Current Entry: $0.00385-$0.00405
Recommended Entry: $0.00355-$0.00375
Deeper entry: $0.00335-$0.00345
TP1: $0.00445
TP2: $0.00495-$0.00525
TP3: $0.00582-$0.00615
High TP: $0.00650+
SL: below $0.00330
Once price reaches the entry zone, don't instantly enter. Wait for a 30M candle close holding/reclaiming the zone, or 2x 15M candles confirming support.
đ My take: I prefer LONG on a confirmed pullback. The upside liquidity is attractive, but after a 150%+ move and multi-day rally, chasing is where RR gets destroyed.
Let $ONE come to your entry. Don't chase.
