MEXC:ONEUSDT.P   ONE / Tether PERPETUAL FUTURES
In the 1-hour time frame, the 1-hour order block (OB) hasn't been confirmed yet. Its confirmation depends on the 1-hour break of structure (BOS), which hasn't validly broken the recent low. If a short position is taken with a target set at the 4-hour order block, there might be fluctuations before bouncing from that zone.

On the flip side of this analysis, the 1-hour order block is not confirmed as a take-profit point for a long position.
Aviso legal

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