ONE is observing an incredibly low level of $0.1100 from 2022

Harmony coin came back near lower level of 2022 during the retracement phase.
ONE Coin saw 5 red candles frequently in terms of the daily price chart after breakdown of horizontal range.

The coin price is moving below the EMA ribbon indicator on the daily price chart. The crypto has recently retired the red EMA lines as a bullish hurdle in the bounce back. Furthermore, the 200-EMA (Yellow) remained a point of volatility for so long, so buyers need to hunch the daily price chart above the 200-EMA.

Stoch RSI is heading towards an oversold phase after pulling down its peak from the overbought zone. The indicator may hit lower levels before any recovery. Furthermore, the Average Directional Index appears to be neutral at 23-point, which suggests a weak momentum for the Harmony coin.

The Bulls failed to sustain the bounce back and ONE Coin again fell back into a bearish phase. If the sellers break the recent swing low of $0.1206, then $0.100 will remain the last hope for the buyers.

Support level- $0.10 and $0.07
Resistance level- $0.16 and $0.22