$ON 17% RECOVERY! BUT DON'T GET TRAPPED MID RANGE! ⚡

ON has bounced strongly after a deep correction from $0.2787.
Aggressive wicks show buyers and sellers fighting for control.
Avoid chasing here; watch $0.166 for a pullback long or a confirmed breakout above $0.206.
With the order book balanced 50/50, patience is key until price reaches either boundary.

KEY LEVELS
Resistance: $0.2066
Support: $0.1659