Trading Signals for Harmony $ONE

Action: Short-Term Trade

The Harmony (ONE) token is currently trading at $0.03302, showing a 10.06% gain in the last 24 hours. The price has recently been in a narrow range between $0.02992 (low) and $0.03402 (high). This indicates a consolidation pattern, suggesting that the token is consolidating within this range, with the potential for short-term moves in either direction. With a market cap of $473.1M and a 24-hour volume of $51.33M, liquidity is good for scalping trades.

Given the current range-bound action, we expect price to either break above $0.03402 for a potential upward move or reverse lower towards $0.02992. Scalping in such a range can be profitable if entered with tight stop-losses.

Trading Strategy:

Long Position:
Entry Range: $0.03310 - $0.03350 (Just above the resistance level of $0.034)
Stop-Loss (SL): 0.5% - 1% below entry (~$0.0327)
Take Profit (TP): 3% - 5% above entry (~$0.03450 - $0.03480)

Short Position:
Entry Range: $0.02992 - $0.03020 (Near the support level)
Stop-Loss (SL): 0.5% - 1% above entry (~$0.03040)
Take Profit (TP): 3% - 5% below entry (~$0.02900 - $0.02860)

🥂 Trade Here👇$ONE

🚨Note: Trade at your own risk. DYOR.

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