"$ONE /USDT Breakout: Key Demand Zones to Watch for the Next Surge!"
The cryptocurrency market is heating up, and ONE/USDT is making waves with a significant 16.76% price surge in the past 24 hours. Currently trading at $0.03184, this promising Layer 1 token is catching the attention of traders and investors alike. Here’s why you should be paying close attention to its strategic demand and resistance zones.
Strategic Demand Zones to Watch
Primary Demand Zone ($0.02200–$0.02600): This area has proven to be a strong support level, with buyers stepping in aggressively during prior retracements. Any dip into this zone could spark another rally.
Secondary Demand Zone ($0.01800–$0.02000): While less likely to be tested, this deeper support zone remains crucial for long-term holders.
Resistance Zones to Break
Immediate Resistance ($0.03200–$0.03600): ONE is currently testing this zone. A successful breakout with strong volume could open the doors to higher levels.
Major Resistance ($0.04800–$0.05000): This historical level could act as a magnet for bullish momentum if the uptrend continues.
What the Indicators Are Saying
Moving averages and volume spikes are signaling strong bullish momentum. With the MA(7) trending above the price and MA(25, 99) moving upwards, the technical setup suggests that ONE is in a solid uptrend. Additionally, the recent volume surge indicates strong market interest, further validating its bullish potential.
What’s Next for ONE?
In a bullish scenario, breaking above $0.03200 could propel the price towards $0.03600–$0.05000. On the flip side, if the price retraces, the $0.02200–$0.02600 zone could serve as a reliable support level, offering an excellent entry opportunity for buyers.
With its current momentum and strategic levels in play, ONE/USDT is a token to watch closely. Are you ready to ride the next wave?