$ONE /USDT Technical Analysis & Trade Signal
Current Price: $0.03245 (+11.47%)
Trend Analysis
Momentum: Bullish, reflecting solid gains over the past 24 hours.
Support Levels: $0.02796 (strong demand zone).
Resistance Levels: $0.03268 (24h high, immediate resistance).
Indicators Overview
1. RSI (Relative Strength Index): ~70, indicating potential overbought conditions but still strong buying pressure.
2. MACD: Positive crossover, indicating continued bullish momentum.
3. Volume: 24h volume is decent with 301.99M ONE traded, paired with $9.03M in USDT.
Trade Signal
Entry Zone:
Buy: $0.03150–$0.03200 (on a minor pullback for better risk/reward ratio).
Targets 🎯:
1. Target 1: $0.03300 (+1.70%)
2. Target 2: $0.03500 (+7.17%)
3. Target 3: $0.03700 (+13.60%)
Stop-Loss:
Below $0.02750 (invalidates bullish momentum).
Trade Momentum
Short-Term: Bullish, with strong volume supporting the upward trend.
Medium-Term: If $0.03268 resistance breaks, a rally toward $0.03500–$0.03700 is possible.
Risk Note: Watch for potential market corrections or sudden volatility. Adjust stop-loss levels if needed.
#BIOOpenonBinance #USJoblessClaimsDrop #BinanceAlphaAlert #BIOOnBinance