$ON Short (Short)
Entry: $0.3350 - $0.3530
Targets: $0.3100, $0.2750, $0.2350
SL: $0.3750
Leverage: 5x - 10x max
Reason:
The currency surged strongly with consecutive green candles after a notable recovery, bringing prices close to the recent highs. Prices can’t rise forever without pausing, and they usually need a slight correction. I expect a short-term pullback as the early buyers take profit.
$ON Will this strong upward move continue higher, or will it go back down?
Entry: $0.3350 - $0.3530
Targets: $0.3100, $0.2750, $0.2350
SL: $0.3750
Leverage: 5x - 10x max
Reason:
The currency surged strongly with consecutive green candles after a notable recovery, bringing prices close to the recent highs. Prices can’t rise forever without pausing, and they usually need a slight correction. I expect a short-term pullback as the early buyers take profit.
$ON Will this strong upward move continue higher, or will it go back down?