Current price $ON — 0.29215 USDT. Over the past day, the coin has grown by an impressive 46%. RSI (24h) is at 68.99 — a zone of strong buyer momentum, but not yet in classic overbought territory (>70). This indicates that the bullish momentum is still intact, though volatility is high. Volume and a sharp rise point to strong interest, but such moves are often accompanied by profit-taking.
Further outlook:
If demand holds, a test of the 0.32–0.35 levels is possible. If selling pressure weakens, a pullback to the 0.25–0.27 zone is likely.
Trading plan (risk 1–2% of the deposit):
Bullish scenario:
Entry on a pullback $ON into the 0.275–0.285 zone.
TP1: 0.32 | TP2: 0.35
SL: 0.265–0.270 (≈3–5% from entry). After TP1, move SL to breakeven.
Bearish scenario:
Short entry on a break and hold below $ON 0.27.
TP1: 0.25 | TP2: 0.23
SL: 0.285–0.290 (≈3–5%). Also move to BE after the first target.
Always use a small percentage of your deposit and strictly follow risk management. The market is volatile — protect your capital.
What do you think about ON? Write your scenario in the comments!
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