๐ ON/USDT Analysis | Current Situation
The price is currently at 0.1524
After a downward journey from 0.2700 to 0.1500
๐ What I see on the chart:
The price has reached the Discount area on the 1-hour timeframe
which is usually the zone where the market starts to consider a bounce
Clear upper resistance zones at:
๐ด 0.1800 โ 0.2000 โ 0.2400
And a strong support zone at:
๐ข 0.1200 โ 0.1250
โ๏ธ The most likely scenario:
If it holds above 0.1500
the first bounce target is 0.1700 โ 0.1800
But if it breaks 0.1450
the way is open toward 0.1200
โ ๏ธ This is a personal analysis and not a recommendation
The market can go in any direction โ always manage your risk
#ONUSDT #cryptouniverseofficial
The price is currently at 0.1524
After a downward journey from 0.2700 to 0.1500
๐ What I see on the chart:
The price has reached the Discount area on the 1-hour timeframe
which is usually the zone where the market starts to consider a bounce
Clear upper resistance zones at:
๐ด 0.1800 โ 0.2000 โ 0.2400
And a strong support zone at:
๐ข 0.1200 โ 0.1250
โ๏ธ The most likely scenario:
If it holds above 0.1500
the first bounce target is 0.1700 โ 0.1800
But if it breaks 0.1450
the way is open toward 0.1200
โ ๏ธ This is a personal analysis and not a recommendation
The market can go in any direction โ always manage your risk
#ONUSDT #cryptouniverseofficial
