$ON is entering a violent volume squeeze phase.
Aggressive spot demand is forcing shorts to cover into liquidity, setting the stage for a breakout.
Entry: $0.18694 - $0.19016
SL: $0.13954
TP: $0.23344
R:R: 0.9R
Tap the chart to analyze $ON price action and manage your position.
#ON #CryptoTrading #VolumeSpike
NFA. Trade at your own risk.
Aggressive spot demand is forcing shorts to cover into liquidity, setting the stage for a breakout.
Entry: $0.18694 - $0.19016
SL: $0.13954
TP: $0.23344
R:R: 0.9R
Tap the chart to analyze $ON price action and manage your position.
#ON #CryptoTrading #VolumeSpike
NFA. Trade at your own risk.