$ONE $ONE

$ONE /USDT Technical Analysis

Current Price: $0.01241 (+13.33%)

Recent Price Range:

24h High: $0.01256

24h Low: $0.01091

Key Moving Averages:

MA(7): $0.01156 (short-term support)

MA(25): $0.01124 (medium-term support)

MA(99): $0.01242 (resistance level)

Key Levels:

Immediate Resistance: $0.01242 (MA(99), key resistance level)

Secondary Resistance: $0.01256 (24-hour high)

Immediate Support: $0.01156 (MA(7), short-term support level)

Secondary Support: $0.01124 (MA(25), medium-term support level)

Trade Setup for Short Position:

Short Entry Zone: Around $0.01235 to $0.01250, as price nears the key resistance levels (MA(99) and 24-hour high).

Stop Loss: $0.01270, just above the key resistance zone to avoid significant losses.

Take Profit Targets:

Target 1: $0.01156 (MA(7), short-term support level)

Target 2: $0.01124 (MA(25), medium-term support level)

Summary:

For a short position:

Entry Zone: Around $0.01235 to $0.01250, as price approaches key resistance levels (MA(99) and the recent 24h high).

Stop Loss: Place above $0.01270.

Take Profit Targets: First target around $0.01156, followed by $0.01124 as price moves toward medium-term support.

This short setup leverages the resistance at $0.01242 and $0.01256, with clearly defined targets at the support levels for a controlled risk-to-reward ratio.

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