$ONE : Fakeout Confirmed: Bulls Trapped at Local Highs
SHORT SETUP ONE
Entry: $0.0016 - $0.00162
Stop Loss: $0.0016744
Take Profit: $0.0014812 (2R)
Key Levels: Support $0.001546 | Resistance $0.001627
Technical Analysis for $ONE : Price sits below the 9, 21, 50 and 200EMA, confirming a downtrend. MACD is negative with a bearish histogram, while RSI at 33 and Stochastic K under 4 signal oversold conditions. Orderbook shows a 44% bidside imbalance. The pair is poised to test the 1H resistance around 0.001627, favoring short pressure.
Market Context: BTC is in a bearish 4hour trend and mixed on the daily, while the broader crypto market is broadly negative with over
SHORT $ONE
SHORT SETUP ONE
Entry: $0.0016 - $0.00162
Stop Loss: $0.0016744
Take Profit: $0.0014812 (2R)
Key Levels: Support $0.001546 | Resistance $0.001627
Technical Analysis for $ONE : Price sits below the 9, 21, 50 and 200EMA, confirming a downtrend. MACD is negative with a bearish histogram, while RSI at 33 and Stochastic K under 4 signal oversold conditions. Orderbook shows a 44% bidside imbalance. The pair is poised to test the 1H resistance around 0.001627, favoring short pressure.
Market Context: BTC is in a bearish 4hour trend and mixed on the daily, while the broader crypto market is broadly negative with over
SHORT $ONE