$ON is showing a solid recovery after a sharp shakeout.
Price is around $0.40067, up 9.02%. On the 15m chart, buyers stepped in after the drop to $0.38596 and pushed price back above $0.40.
The recent high is $0.41489, making that the main breakout level. If $ON reclaims $0.410 and then breaks $0.41489 with strength, the next move could get interesting.
Buy Zone: $0.39700–$0.40100
TP1: $0.40990
TP2: $0.41490
TP3: $0.42500
Stop Loss: $0.39080
Market cap is around $57.81M, with 2,706 holders and about $1.57M in chain liquidity. FDV is around $400.68M.
The chart is recovering, but resistance is still close. I’d watch the $0.397–$0.401 area carefully. Holding it would keep the bullish setup alive, while a clean move above $0.41489 could bring fresh buyers.
$ON is getting back on its feet. Now we wait for the breakout confirmation.
Price is around $0.40067, up 9.02%. On the 15m chart, buyers stepped in after the drop to $0.38596 and pushed price back above $0.40.
The recent high is $0.41489, making that the main breakout level. If $ON reclaims $0.410 and then breaks $0.41489 with strength, the next move could get interesting.
Buy Zone: $0.39700–$0.40100
TP1: $0.40990
TP2: $0.41490
TP3: $0.42500
Stop Loss: $0.39080
Market cap is around $57.81M, with 2,706 holders and about $1.57M in chain liquidity. FDV is around $400.68M.
The chart is recovering, but resistance is still close. I’d watch the $0.397–$0.401 area carefully. Holding it would keep the bullish setup alive, while a clean move above $0.41489 could bring fresh buyers.
$ON is getting back on its feet. Now we wait for the breakout confirmation.