Harmony (ONE) has just made a landmark move on the weekly chart, officially escaping the grip of the long-term descending channel that has dominated for months. This is not just a typical technical bounce; it is a decisive structural shift in 2026. Observing the current candle in chart, we see a robust bullish body, the largest in the past three months. This proves that buying pressure is dominant and institutional capital has finally entered the fray to pave the way for a new growth trajectory after a period of exhausted accumulation.
This setup offers an ideal Risk-to-Reward (RR) ratio for medium-term investors. As the price holds above the broken boundary, the old resistance has flipped into a solid "steel foundation." A strategic stop-loss is recommended below the 0.002 USD psychological level—a safety zone situated beneath the breakout point to avoid market noise. Regarding profit targets, we are aiming for the first milestone at the 100-period moving average (MA100), where minor supply pressure might occur. The long-term target is the peak of the previous channel. The alignment between price momentum and current chart structure presents a golden opportunity to catch a powerful recovery cycle as macro technical barriers are neutralized.
this is not investment advice, DYOR
This setup offers an ideal Risk-to-Reward (RR) ratio for medium-term investors. As the price holds above the broken boundary, the old resistance has flipped into a solid "steel foundation." A strategic stop-loss is recommended below the 0.002 USD psychological level—a safety zone situated beneath the breakout point to avoid market noise. Regarding profit targets, we are aiming for the first milestone at the 100-period moving average (MA100), where minor supply pressure might occur. The long-term target is the peak of the previous channel. The alignment between price momentum and current chart structure presents a golden opportunity to catch a powerful recovery cycle as macro technical barriers are neutralized.
this is not investment advice, DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.