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$ON price is currently consolidating just below resistance after a sharp impulse move. Chasing here carries more risk than waiting for a pullback.
📈 ONUSDT Pullback Long Setup
Entry: 0.1765 – 0.1790
Take Profit: 0.1885 / 0.1940 / 0.2000
Stop Loss: 0.1715
* Strong bullish momentum with a clear series of higher highs and higher lows.
* Price is ranging just below the recent high around 0.188–0.190, which often precedes either a breakout or a healthy retracement.
* Waiting for a pullback into the 0.176–0.179 demand zone offers a better risk-to-reward than buying after a 45% daily move.
* A clean breakout and close above 0.1885 with strong volume could invalidate the need for a pullback and signal continuation toward 0.20+.
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$ON 👈 for 0 commission fees
#on #EtherApproaches$2000