Harmony / TetherUS
Panjang

ONE/USDT — Breakout or Breakdown Ahead?

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📊 Complete Analysis of ONE/USDT (1D)

ONE is currently trading around $0.0111, sitting right at a critical junction between the major support zone ($0.0095–$0.0115) and a descending trendline that has been pressing price down since the December–January peak.
This setup forms a descending triangle pattern — typically a bearish continuation pattern, but under certain conditions it can flip into a strong bullish reversal if price breaks upward with volume.

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🔍 Technical Details & Pattern

Primary Trend: Bearish since the late 2024 peak, with consistent lower highs.

Key Support Zone: $0.0095–$0.0115 (historical demand zone, tested multiple times since September 2024).

Dynamic Resistance: Descending trendline connecting lower highs.

Important Horizontal Levels:

$0.01375 → Nearest breakout confirmation resistance.

$0.01654, $0.02284, $0.03245, $0.04588 → Potential mid-term upside targets.

$0.00803 → Nearest low and first breakdown target.


Volume Factor: Breakout or breakdown must be confirmed by high trading volume.

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🟢 Bullish Scenario (Breakout Upward)

If price breaks and closes daily above the descending trendline and clears $0.0138, the likelihood of a reversal increases.
Potential upside targets:

1. $0.0165 → Psychological resistance & minor supply zone.


2. $0.0228 → Major resistance and previous distribution area.


3. $0.0324–$0.0458 → If momentum extends further.



Strategy:

Enter after breakout + successful retest as new support.

Stop loss below $0.0095 to avoid fakeouts.

Watch for volume: without strong volume, risk of a bull trap is high.

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🔴 Bearish Scenario (Breakdown Lower)

If price breaks and closes daily below $0.0095, the descending triangle pattern confirms as a bearish continuation.
Potential downside targets:

1. $0.00803 → Significant low and possible bounce area.


2. $0.0069 → Historical lowest level since 2023.


3. Below $0.0065 → Potential new lows if selling pressure escalates.



Strategy:

Enter after breakdown + failed retest above $0.0095.

Stop loss above $0.012–$0.013 to avoid short squeezes.

Adjust position size — volatility can spike sharply post-breakout.

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📌 Key Points to Monitor

Convergence of Buyers & Sellers: The closer price moves toward the triangle’s apex, the higher the chance of a breakout in either direction.

Lengthy Consolidation: Post-breakout moves are often stronger after extended consolidation.

Risk Management: Avoid going all-in before confirmation; consider scaling entries.

Market Sentiment: Watch BTC & ETH — a bearish macro crypto environment increases the risk of a downside move.

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📍 Conclusion

ONE/USDT is currently at a make-or-break zone.
📌 Bullish breakout → Potential rally toward $0.0165+
📌 Bearish breakdown → Likely drop toward $0.0080 or lower.

Traders should wait for daily close confirmation + strong volume to reduce false breakout risk.
The $0.0095–$0.0115 zone is the last major defense line for buyers in the medium term.

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Penafian

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