ONEUSDT: Critical Levels That Could Define the Next Move!Yello Paradisers! ONEUSDT is showing clear signs of a bullish market structure, with the formation of a classic W pattern, a reliable indicator that often signals strong upward momentum. This pattern significantly raises the likelihood of a bullish continuation. However, key price action levels will determine the next major move.
💎If ONEUSDT successfully breaks out and closes candle above the resistance zone, it will confirm the bullish bias. This breakout would not only increase the chances of further upward movement but also offer ideal entry points with tight stop-loss levels for risk management.
💎In case of a pullback, we’ll look for a bounce from the nearest support zone, which previously acted as resistance before flipping to support post-breakout. This level will serve as a crucial validation for the bullish structure to remain intact.
💎On the other hand, if ONEUSDT breaks down and closes candle below the support zone, the bullish outlook will be completely invalidated. A breakdown here could pave the way for deeper corrections, and traders should exercise caution.
🎖 Stay patient, disciplined, and prepared for all scenarios, Paradisers. Trading isn’t about predicting every move—it’s about strategic planning and waiting for the highest-probability setups. The next decisive move in ONEUSDT will be a test of your resolve and preparation. Always remember, in the market, consistency beats quick profits!
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ONEUSDT
Get ready to ride the bullish wave with ONE! 🌊💎 Paradisers, #ONE is demonstrating a bullish market structure and has recently bounced off the supportive trendline.
💎For confirmation, #ONEUSDT needs to exhibit a Change of Character (CHoCH) and a Break of Structure (BOS) within the bullish market structure on lower timeframes.
💎If the price declines, we should wait until it reaches the demand zone, from where we can anticipate a bounce. For this scenario, we also require CHoCH and BOS confirmation on lower timeframes.
💎However, if there's no confirmation at these levels and the price falls below the higher low, it would be considered bearish. In that case, I would prefer to stay out of the market and wait for better price action to emerge with higher probabilities.
🚀 ONE Breaks Out of W Pattern, Signaling Bullish Reversal! 💎 ONE has successfully broken out of the W pattern, signaling a potential bullish reversal. To confirm the breakout, we would ideally want to see a bullish engulfing candlestick near the previously broken resistance level, which may now act as support.
💎In the event that ONEUSDT retraces below the resistance-turned-support level, we can anticipate a bounce from the nearby small support level. Again, confirmation via a bullish engulfing candlestick pattern would be ideal.
💎However, if the price breaks down below this small support area, it could indicate a bearish move. In such a scenario, it would be advisable to exercise caution and wait for clearer price action before making any trading decisions.
💡Don't miss the great buy opportunity in ONEUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2909).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ONEUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.3180
TP2= @ 0.3459
TP3= @ 0.3793
TP4= @ 0.4000
TP5= @ 0.4399
SL= Break below S2
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