$ONE is showing signs of weakness on the lower timeframe, and sellers may have an opportunity if the current bearish structure continues.
📍 Trade Plan
Direction: SHORT
Entry Range: 0.00168691 – 0.00170909
Take Profit: 0.00142996
Stop Loss: 0.00181538
Risk/Reward: 1:2
Estimated Setup Confidence: 86%
What I'm Watching 👀
The technical picture currently favors sellers. EMA20 remains below EMA50, 24H momentum is negative, and relative volume is sitting at just 0.16x. The 1H trend also remains weak.
Possible Scenario:
If ONE gets rejected around the entry area and selling pressure increases, price could move toward the target zone.
Invalidation: A 1H candle closing above 0.00181538 would weaken this bearish setup.
About ONE: ONEchain is a gaming-focused Layer 1 project built around EVM compatibility and giving players greater ownership of in-game assets.
I'll be watching price confirmation before considering this setup. What do you think — more downside ahead for $ONE
#ONE #CryptoTrading #Altcoins #Binance
📍 Trade Plan
Direction: SHORT
Entry Range: 0.00168691 – 0.00170909
Take Profit: 0.00142996
Stop Loss: 0.00181538
Risk/Reward: 1:2
Estimated Setup Confidence: 86%
What I'm Watching 👀
The technical picture currently favors sellers. EMA20 remains below EMA50, 24H momentum is negative, and relative volume is sitting at just 0.16x. The 1H trend also remains weak.
Possible Scenario:
If ONE gets rejected around the entry area and selling pressure increases, price could move toward the target zone.
Invalidation: A 1H candle closing above 0.00181538 would weaken this bearish setup.
About ONE: ONEchain is a gaming-focused Layer 1 project built around EVM compatibility and giving players greater ownership of in-game assets.
I'll be watching price confirmation before considering this setup. What do you think — more downside ahead for $ONE
#ONE #CryptoTrading #Altcoins #Binance