$ON is consolidating around $0.3200 following a pullback from its $0.40422 local peak, holding above key retest levels.
• Bullish Trigger: A sustained move above $0.3200 and a breakout over the $0.3400 resistance opens the path toward retesting the $0.40422 local high.
• Bearish Threat: Losing the $0.3200 area risks a pullback targeting the major support at $0.2700, with further downside potential extending toward $0.2300.
Click to Trade👇$ON
• Bullish Trigger: A sustained move above $0.3200 and a breakout over the $0.3400 resistance opens the path toward retesting the $0.40422 local high.
• Bearish Threat: Losing the $0.3200 area risks a pullback targeting the major support at $0.2700, with further downside potential extending toward $0.2300.
Click to Trade👇$ON