ONE/USDT Breaks Descending Channel : Bullish Signs Ahead
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The ONE/USDT pair has broken out of its descending channel on the 1-hour chart, indicating a potential upward move. The price is stabilizing above the 100-period moving average, with the RSI showing an upward trend that supports further gains.
Key Levels :
- **Entry Price:** 0.01190
- **Support Area:** 0.01137
- **First Target:** 0.01296
- **Second Target:** 0.02422
- **Third Target:** 0.01525
Conclusion :
With the price breaking the descending channel and upward momentum from the RSI, traders may consider entering long positions around **0.01190**. The targets suggest strong upside potential, but keep an eye on support at **0.01137**.