Further downwards

ONE is in a downtrend, currently testing a support level within a large descending channel. This bearish scenario suggests potential further downward movement if the support fails to hold, keeping the price oscillating for a few weeks.

6/21/20241 min read

ONE price chart showing a downtrend, testing a support level within a large descending channel. The
ONE price chart showing a downtrend, testing a support level within a large descending channel. The

The current trend is downwards, and it's heading lower, with support. ONE is currently testing this support level. Additionally, there's a large descending channel, which could keep the price oscillating for a few weeks.
The bearish scenario suggests it might hunt its support and, with solid confirmations, move further downwards.