Technical Analysis on $ONE
/USDT: Key Levels to Watch ๐ฏ
As we dive into the latest movements of ONE/USDT, the pair has shown some positive momentum with a current price of $0.02683, up by 9.47%. Let's take a closer look at the key levels to monitor for the next price action:
1. Target 1: $0.02750
With the current price nearing $0.02700, a break above this level could lead to a retest of the $0.02750 resistance. This zone has previously acted as a minor barrier, making it an important level to watch for potential bullish continuation.
2. Target 2: $0.02780
The next critical resistance lies at $0.02780. If the price breaks past $0.02750, this level could provide the next challenge. A move above $0.02780 could signal a stronger upward trend, opening the door for further gains.
3. Target 3: $0.02800
The $0.02800 level is a psychological resistance and could act as the ultimate hurdle for the bulls. If the price sustains momentum through the previous targets, this level could be the key to further upside potential.
Support Zone:
On the downside, the support lies at $0.02449 (24h Low). A dip below this level could signal potential weakness, so keeping an eye on this level is crucial for managing risk.
Keep monitoring these levels for any signs of breakout or reversal. Always use stop-loss orders to manage your trades effectively and protect your capital.
Stay informed and trade wisely! ๐
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