Market Overview for Harmony (ONEUSDT) – July 21, 2025

• Harmony (ONEUSDT) experienced a 24-hour consolidation phase with a 0.3% decline from $0.01347 to $0.01357.
• Momentum indicators suggest weakening bullish momentum, with RSI near neutral and MACD flattening.
• Volatility dipped in the overnight session, but a key 15-minute bullish engulfing pattern emerged at $0.01355.
• Volume distribution showed a sharp decline in afternoon ET, with most activity occurring post-ET 02:00.
• Price remains above 50-period and 200-period moving averages, maintaining a longer-term bullish bias.

Harmony (ONEUSDT) opened at $0.01347 on July 20, 12:00 ET, reached a high of $0.01388, a low of $0.01312, and closed at $0.01357 on July 21, 12:00 ET. Total volume for the 24-hour period was approximately 89,632,947.5, with a turnover of around $1,217,246.

Structure & Formations

Price action over the past 24 hours displayed a range-bound profile, oscillating between key support at $0.01325 and resistance at $0.01388. A notable 15-minute bullish engulfing pattern formed at $0.01355, indicating a potential short-term reversal from a downtrend. This pattern coincided with a slight volume increase, suggesting accumulation. A doji formed at $0.01343 in the early hours, signaling indecision and potential consolidation.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages show a bearish crossover, indicating short-term bearish momentum. On the daily timeframe, the 50-period MA is at $0.01345, and the 200-period MA is at $0.01352, both slightly below the current price, suggesting a longer-term bullish bias remains intact.

MACD & RSI

The MACD line has flattened near the signal line, indicating weakening momentum with no clear trend. The RSI has stabilized around 50, suggesting a neutral zone with no immediate overbought or oversold conditions. A bearish divergence was observed in the late afternoon, with price making a lower high but RSI failing to confirm it, suggesting caution for further downside.

Bollinger Bands

Volatility remained relatively low throughout the 24-hour period, with Bollinger Bands contracting in the overnight session. Price touched the upper band briefly at $0.01388 and the lower band at $0.01312, indicating a consolidation pattern. The current price sits near the middle band, suggesting potential for a breakout or continuation of the range.

Volume & Turnover

Volume distribution was uneven, with most trading activity occurring between 02:00 and 04:00 ET. A sharp volume spike was observed during a 15-minute candle at $0.01356, coinciding with a bullish engulfing pattern. Turnover increased during this period, confirming the pattern's validity. However, volume declined sharply in the afternoon, suggesting reduced conviction in the current direction.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from $0.01312 to $0.01388, price has retested the 61.8% retracement level at $0.01355. This level appears to have provided support, as the price bounced off it and formed a bullish pattern. On the daily chart, the 38.2% retracement of the broader range lies at $0.01350, which may serve as a near-term support target.

Harmony (ONEUSDT) appears to be consolidating in a defined range, with key support and resistance levels clearly in play. A breakout above $0.01388 could indicate renewed bullish momentum, but risks remain if volume fails to confirm such a move. Investors should monitor the 61.8% Fibonacci level and the 15-minute MACD for further signals.