Welcome, dear followers, on Binance Square! 🌟 A quick technical look at the movement of coin $ON in perpetual contracts:
🔹 Current situation: The price is trading at 0.1984, achieving strong gains over the past 24 hours exceeding 14.6%. We note a strong short-term rebound after testing previous support areas, with buying momentum returning to test the resistance barrier.
🔹 Key levels to watch:
Near support: 0.1950 - 0.1960 (a necessary zone for maintaining bullish momentum).
Current resistance: 0.2014 (breaking it and holding above it with a strong candle reinforces the continuation of the upward wave toward higher targets).
💡 Trading view for scalpers (Scalping): The movement is volatile and fast, and it is recommended to watch price interaction at the current resistance or wait for any slight correction toward support to enter smartly with strict capital management.
⚠️ Disclaimer: This analysis is purely technical and not financial advice. The cryptocurrency market is highly volatile, so please always adhere to stop loss and risk management! 🛡️$ON
🔹 Current situation: The price is trading at 0.1984, achieving strong gains over the past 24 hours exceeding 14.6%. We note a strong short-term rebound after testing previous support areas, with buying momentum returning to test the resistance barrier.
🔹 Key levels to watch:
Near support: 0.1950 - 0.1960 (a necessary zone for maintaining bullish momentum).
Current resistance: 0.2014 (breaking it and holding above it with a strong candle reinforces the continuation of the upward wave toward higher targets).
💡 Trading view for scalpers (Scalping): The movement is volatile and fast, and it is recommended to watch price interaction at the current resistance or wait for any slight correction toward support to enter smartly with strict capital management.
⚠️ Disclaimer: This analysis is purely technical and not financial advice. The cryptocurrency market is highly volatile, so please always adhere to stop loss and risk management! 🛡️$ON
