$ON Long Momentum Setup
Entry Zone: 0.0780 – 0.0815
Bullish Above: 0.0840
TP1: 0.090
TP2: 0.098
TP3: 0.110
SL: 0.075
Setup Rationale:
ONU has delivered a powerful +21.30% pump today, exploding from the 0.0662 low with a near-vertical green move and strong volume (74.82M ONU in 24h). Price is now consolidating near 0.080–0.081 after the initial breakout, holding firmly above the breakout level with higher lows intact.
The chart shows classic continuation structure after a massive leg up, with buyers defending dips effectively. Order book reflects solid bid dominance (53%+ buy side) and buyers absorbing sell orders on pullbacks. This looks like early-mid stage momentum continuation with potential to retest 0.089–0.090 and push higher if volume stays supportive.
