$ON — Healthy Pullback Complete, Bulls Loading for Next Expansion!
Long $ON
• Entry: 0.0780 – 0.0805
• Stop Loss: 0.0730
Targets:
• TP1: 0.0830
• TP2: 0.0875
• TP3: 0.0920
$ON is showing strong resilience after its powerful impulse move from 0.066 → 0.082. What we’re seeing now is a textbook healthy consolidation above the 0.075 structural support, with higher lows forming on the 1H timeframe.
While volatility cools off, buyers continue defending dips — a sign that the trend structure remains intact. This pullback has allowed momentum indicators to reset, creating a favorable positioning zone for the next potential expansion leg.
The bullish bias remains valid as long as price holds above the 0.074–0.075 support cluster. A decisive break and strong close above 0.082 with volume expansion could trigger acceleration toward the 0.09+ liquidity zone.
Manage risk carefully and watch for volume confirmation on breakout.
Trade ON here 👇🏻
