🔷️ We had discussed that #ONE had entered a strong support zone, and it has received a nice rebound from there. As long as this support zone is not lost, its targets according to Fibonacci remain the yellow lines.
📊 Positive Indicators:
RSI holding above 50, indicating sustained buying pressure.
MACD showing a bullish crossover on the daily chart.
📉 Negative Indicators:
Trading volume decreasing during the recent upward move, which could signal weakening momentum.
Price approaching the upper boundary of the Bollinger Bands, suggesting potential short-term overbought conditions.
‼️ Not financial advice.
