ONE/USDT at Edge: Bounce or Breakdown from Major Demand Zone?Harmony / TetherUSBINANCE:ONEUSDTCryptoNuclearThe ONE/USDT on the 1W (Weekly) timeframe shows a clear long-term bearish trend since the all-time high in 2021. Price has consistently formed lower highs and lower lows, confirming strong seller dominance over the past few years. Currently, price is approaching a major historical demand zone, highlighted by the yellow block between 0.0024 – 0.0017, an area that previously triggered a strong bullish impulse. --- Pattern & Price Structure 1. Long-Term Downtrend Market structure remains bearish on a macro scale. Every upward move has been a relief rally, failing to create a higher high. 2. Descending Structure Breakdown Price has lost multiple minor supports, indicating progressive weakness. Strong rejections from the mid-range supply area (around 0.01 – 0.02) accelerated the decline. 3. Major Historical Demand Zone The 0.0024 – 0.0017 zone represents: Previous accumulation area Weekly historical support Origin of a strong bullish move in the past Price is now retesting this critical zone. --- Key Levels Major Resistance: 0.0050 – 0.0060 0.0090 – 0.0105 Major Support / Demand Zone: 0.0024 – 0.0017 Historical Extreme Low: 0.00118 --- Bullish Scenario The bullish scenario is only valid if strong buying reactions appear inside the yellow zone: Formation of: Long lower wicks on weekly candles Or a sideways accumulation base No strong weekly close below 0.0017 Potential upside targets: Short-term: 0.0050 Mid-term: 0.0090 Maximum relief rally: 0.015 – 0.02 ➡️ This scenario represents a speculative bounce, not a confirmed trend reversal. --- Bearish Scenario The bearish scenario is confirmed if: A strong weekly close below 0.0017 Failure of the historical demand zone Increased selling pressure and breakdown momentum Consequences: Price may enter new low price discovery No clear historical support below this level High risk of continued downside ➡️ A breakdown here would signal market capitulation. --- Conclusion ONE/USDT is currently at a critical make-or-break technical level. The 0.0024 – 0.0017 zone represents the last major weekly demand zone. Aggressive buys are suitable only for high-risk traders Conservative traders should wait for weekly confirmation As long as price remains below key resistance levels, the primary trend stays bearish --- #ONEUSDT #HarmonyONE #CryptoAnalysis #WeeklyChart #DemandZone #SupportResistance #BearishTrend #PotentialBounce #AltcoinAnalysis