Technical Analysis & Trade Signal for $ONE /USDT:
Current Price: 0.02984 USDT
24h Change: +9.99%
Support Level: 0.02655 USDT
Resistance Level: 0.03144 USDT
Trade Momentum:
The price of ONE/USDT shows a bullish trend with a 9.99% increase over the past 24 hours. The current price is above the SAR value (0.03045), indicating a potential continuation of the upward trend. The price action is moving towards the upper resistance levels, with a solid volume of 885.27 million ONE traded, indicating strong market interest.
Trade Signal:
Buy Signal: Consider entering at the current price (0.02984 USDT) or on slight pullbacks near the support area around 0.02800 USDT.
Target Levels:
Target 1: 0.03100 USDT
Target 2: 0.03250 USDT
Target 3: 0.03400 USDT
Stop Loss: 0.02750 USDT (below the support zone)
Conclusion:
With a bullish momentum and the price testing resistance, it’s a good opportunity to target higher levels in the short term. Keep an eye on the support and resistance zones for trade management.
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