$ONE USDT Analysis

#Harmony has shown strong bullish momentum by successfully breaking through the horizontal supply zone, signaling potential for further upside.

Key Observations:

๐Ÿ”น Breakout:

The price action has decisively broken above a significant supply zone, a key resistance level, which now turns into support.

This breakout suggests strong bullish momentum with the potential for continued upward movement.

๐Ÿ”น Ichimoku Cloud:

The Ichimoku Cloud is providing solid support, reinforcing the bullish outlook.

The cloudโ€™s positive positioning signals that the momentum is likely to stay strong as long as price remains above it.

Important Levels to Watch:

Support:

The previous supply zone that has now turned into support, potentially holding price above for a continued bullish trend.

Resistance:

Watch for the next resistance levels once price continues its upward move; any consolidation could lead to further bullish action.

Next Steps:

1. Continuation of Bullish Trend:

Watch for the price to stay above the supply zone-turned-support, signaling the potential for a significant upward rally.

2. Pullback or Retest:

A retest of the support level could provide an entry for those looking to ride the next leg of the rally.

With solid momentum and cloud support, $ONE appears set for a bullish rally, but always monitor for any signs of weakening. Stay vigilant! ๐Ÿš€