🚨 $ON has gained more than 22%, but there's still no strong evidence that whales are behind this rally. So far, there haven't been any major on-chain wallet moves, heavy spot buying, or important news that would normally support a big accumulation. The price has moved up fast, but it looks more like a momentum-driven rally than a move led by smart money.
📊 The overall trend is still positive, with $0.170 acting as an important support level and $0.185 as the next key resistance. A strong break above resistance with higher trading volume could keep the rally going. However, until we see clear whale activity or stronger buying pressure, chasing the pump may be risky. Waiting for confirmation is often the better strategy than buying purely because of hype.
#ON #ONUSDT
📊 The overall trend is still positive, with $0.170 acting as an important support level and $0.185 as the next key resistance. A strong break above resistance with higher trading volume could keep the rally going. However, until we see clear whale activity or stronger buying pressure, chasing the pump may be risky. Waiting for confirmation is often the better strategy than buying purely because of hype.
#ON #ONUSDT