$ONE — IS THIS THE BOTTOM BEFORE THE NEXT LEG UP? OR ANOTHER BRUTAL DUMP COMING?
Guys, price is going through a brutal correction after its massive pump!
Just look at the move 👀
From $0.000647 on September 16 to $0.00523 on September 21, #ONE surged approximately 708% in just 5 days! 🤯
But after that explosive rally, the price corrected heavily and is now trading around $0.00206.
Now the big question is: Are buyers preparing for another leg up, or will the demand zone fail?
Here are the important levels I'm watching:
The price is approaching the 4Hr MA200 and the daily demand zone around $0.00205–$0.00190.
If buyers show interest here and defend this zone, we could see a bounce toward $0.00230–$0.00250, which is the immediate resistance area.
If you're going to open a long trade, I suggest SL at 0.00184, and it's better to take the trade after a bullish reversal in this zone.
If bulls break this resistance and hold strong, the next extension could reach: $0.00280, $0.00300, $0.00330
But don't ignore the downside risk, guys.
If ONE loses the $0.00190 demand zone, the next major level I'm watching is the daily MA200 around $0.00165.
If that support also breaks, further downside toward $0.00135–$0.00110 becomes possible.
For now, I'm watching how price reacts around the current demand zone. A strong bullish recovery could be the first sign of another move up, but we need confirmation before calling it the bottom.
Hold $0.00190 → bounce potential remains.
Lose $0.00190 → $0.00165 comes into focus.
Lose $0.00165 → further downside risk increases.
After a 708% pump, volatility is no joke. Let buyers prove themselves before jumping in.
Guys, price is going through a brutal correction after its massive pump!
Just look at the move 👀
From $0.000647 on September 16 to $0.00523 on September 21, #ONE surged approximately 708% in just 5 days! 🤯
But after that explosive rally, the price corrected heavily and is now trading around $0.00206.
Now the big question is: Are buyers preparing for another leg up, or will the demand zone fail?
Here are the important levels I'm watching:
The price is approaching the 4Hr MA200 and the daily demand zone around $0.00205–$0.00190.
If buyers show interest here and defend this zone, we could see a bounce toward $0.00230–$0.00250, which is the immediate resistance area.
If you're going to open a long trade, I suggest SL at 0.00184, and it's better to take the trade after a bullish reversal in this zone.
If bulls break this resistance and hold strong, the next extension could reach: $0.00280, $0.00300, $0.00330
But don't ignore the downside risk, guys.
If ONE loses the $0.00190 demand zone, the next major level I'm watching is the daily MA200 around $0.00165.
If that support also breaks, further downside toward $0.00135–$0.00110 becomes possible.
For now, I'm watching how price reacts around the current demand zone. A strong bullish recovery could be the first sign of another move up, but we need confirmation before calling it the bottom.
Hold $0.00190 → bounce potential remains.
Lose $0.00190 → $0.00165 comes into focus.
Lose $0.00165 → further downside risk increases.
After a 708% pump, volatility is no joke. Let buyers prove themselves before jumping in.
