$ONE
is setting up big bullish trap
Short $ONE
Entry: 0.00280 – 0.00340
SL: 0.0040
TP1: 0.00255
TP2: 0.00235
TP3: 0.00220
TP4: 0.00200
Why:
$ONE has just pushed above the MA99 at 0.0025759 after a long consolidation, but price is now approaching the 0.0027444 resistance zone. MACD has turned positive with DIF at -0.0000054, DEA at -0.0000482 and MACD at 0.0000428, showing improving momentum. Because of this, the short needs a clear rejection around 0.00274 rather than blindly entering into strength. A rejection from 0.00274 followed by a move back below 0.00258 could open the path toward the lower targets.
is setting up big bullish trap
Short $ONE
Entry: 0.00280 – 0.00340
SL: 0.0040
TP1: 0.00255
TP2: 0.00235
TP3: 0.00220
TP4: 0.00200
Why:
$ONE has just pushed above the MA99 at 0.0025759 after a long consolidation, but price is now approaching the 0.0027444 resistance zone. MACD has turned positive with DIF at -0.0000054, DEA at -0.0000482 and MACD at 0.0000428, showing improving momentum. Because of this, the short needs a clear rejection around 0.00274 rather than blindly entering into strength. A rejection from 0.00274 followed by a move back below 0.00258 could open the path toward the lower targets.
