$ON is approaching the level where late buyers usually get trapped.
The trend is bullish—but I will not chase below resistance.
LONG only after a 4H close above 0.369 and a successful retest of 0.355–0.363.
Entry: 0.355–0.363
Stop: 0.338
TP: 0.404 / 0.410 / 0.548
No confirmation = no trade.
BREAKOUT or FAKEOUT?
#on
The trend is bullish—but I will not chase below resistance.
LONG only after a 4H close above 0.369 and a successful retest of 0.355–0.363.
Entry: 0.355–0.363
Stop: 0.338
TP: 0.404 / 0.410 / 0.548
No confirmation = no trade.
BREAKOUT or FAKEOUT?
#on