Post
Bullish
📉 ONE Remains Under Pressure — 0.00065 Support Becomes a Crucial Area!

ONE/USDT is currently around 0.0006668 on the 4-hour timeframe, down around 1.05% in 24 hours. After previously experiencing an extreme decline from the 0.00130 area to touch 0.0005800, the price is now moving in a prolonged consolidation phase.

📊 Technically, bearish pressure is still visible. The price is below the 0.0006802 MA25 and far below the 0.0007090 MA99. EMA25 and EMA99 are also still above the price, so a trend recovery has not yet been confirmed.

RSI(6) is at 43.25, indicating relatively neutral momentum but still leaning weak. Meanwhile, MACD at -0.0000033, with DIF below DEA, indicates mild bearish momentum. Volume is also much smaller than during the previous major decline.

🎯 Key ONE levels:

Support: 0.000650–0.000647 → 0.000580

Resistance: 0.000680 → 0.000712 → 0.000750

If ONE manages to break back above 0.000712 accompanied by increased volume, the short-term structure could improve. Conversely, a breakdown below 0.000647 could pave the way for another test of the lower area.

Is ONE forming a bottom before a rebound, or will this consolidation instead end in a breakdown? 👀

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GateUser-867326c8
2 hours ago
Okay, alright, aos
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MRDBA
3 hours ago
Time to SELLLLL
0