$ON shows 1H relative volume at 1.49 as price approaches 0.2547 resistance.

4H RSI at 76.8 shows a strong but stretched trend. Risk is a failed breakout unless a 1H candle

Pair: ONUSDT
Scenario: LONG
Trigger: The 1H candle closes above 0.2563 with volume at or above its 20-candle average
Entry: 0.2563
SL: 0.2001
TP1: 0.3406
TP2: 0.3912
R:R TP1: 1.50
Invalidation: The 1H candle closes below 0.2001

Will a 1H candle close above 0.2563 with volume at or above its 20-candle average?

#ON #Crypto

For informational purposes only, not financial advice.