hello guys take look on this trading plan...
$ON ⚠️ Price has already gained about 45% today, so volatility is high.
⚠️ If support breaks, profit-taking could trigger a quick pullback.
Important Levels
Support: 0.175
Strong Support: 0.168–0.170
Resistance: 0.188–0.190
Next Target if breakout occurs: 0.200–0.210
Trade Ideas
Long Setup
Safer entry: on a pullback near 0.175–0.170
Stop-loss: below 0.168
Targets: 0.190, then 0.200
Breakout Setup
Wait for a strong candle closing above 0.190
Then targets could be 0.200–0.210
My View
At the moment, I would not short this chart. The trend remains bullish. If I were looking for a trade, I would either:
Wait for a pullback to support, or
Wait for a confirmed breakout above 0.190.
Entering a new long at 0.1805 is possible, but the risk-to-reward is not as attractive as buying a dip or breakout confirmation.
#Write2Earrn $BTW