ONE LTF Analysis:

$ONE is forming a clear inverse head and shoulders structure on the 4H timeframe after a sharp sell-off, signaling a potential trend reversal if confirmed. The left shoulder and head are already established, with the right shoulder developing above the head low, while price is pressing against the descending neckline zone around the short-term resistance. This compression shows improving structure, but $ONE is still trading below the neckline and key moving averages, keeping the setup unconfirmed for now.

Confirmation for ONE comes only with a strong candle close above the neckline and acceptance above that level, which would open the door for a bullish continuation toward the next resistance zone. Failure to break and a close back below the right-shoulder support would invalidate the pattern and shift bias back to bearish continuation. Until confirmation, ONE remains in a decision zone where patience is required before directional commitment.