✅ Update: Target hit! Why was the analysis of $ON correct? (Lesson learned)
As we expected in our previous analysis, $ON responded perfectly to the liquidity data and successfully reached the first target! 🎯
📊 What exactly happened?
The market moved exactly as the Liquidity Map indicated. The price was strongly drawn toward the short liquidation wall, triggering a short squeeze and pushing the price to bounce from the historic oversold zone (RSI 11) and reach our target.
💡 Lesson learned (my personal opinion):
This success proves that relying on market depth (Order Book) and the Liquidity Map is more effective than simply looking at the overall trend. When oversold conditions coincide with the price being drawn toward a liquidity wall, the opportunity is very strong.
⚖️ What’s the next step?
The price is now touching the resistance zone (the first target). Personally, I’ll secure some profits (Take Profit) and move the stop-loss to the entry point (Break-even) to protect my capital, while watching how the price reacts at this level. If the price breaks above 0.2300 with strong volume, it may target the second target, but caution is warranted in these zones.
🗣️ My question for you:
Who was with us in this trade? Do you expect the uptrend to continue and resistance to break, or will the market correct from here? Share your thoughts in the comments! 👇
As we expected in our previous analysis, $ON responded perfectly to the liquidity data and successfully reached the first target! 🎯
📊 What exactly happened?
The market moved exactly as the Liquidity Map indicated. The price was strongly drawn toward the short liquidation wall, triggering a short squeeze and pushing the price to bounce from the historic oversold zone (RSI 11) and reach our target.
💡 Lesson learned (my personal opinion):
This success proves that relying on market depth (Order Book) and the Liquidity Map is more effective than simply looking at the overall trend. When oversold conditions coincide with the price being drawn toward a liquidity wall, the opportunity is very strong.
⚖️ What’s the next step?
The price is now touching the resistance zone (the first target). Personally, I’ll secure some profits (Take Profit) and move the stop-loss to the entry point (Break-even) to protect my capital, while watching how the price reacts at this level. If the price breaks above 0.2300 with strong volume, it may target the second target, but caution is warranted in these zones.
🗣️ My question for you:
Who was with us in this trade? Do you expect the uptrend to continue and resistance to break, or will the market correct from here? Share your thoughts in the comments! 👇
