🚨 $ON JUST SURGED 15% — THE BULLS ARE FIGHTING TO HOLD THE BREAKOUT!
$ONUSDT exploded from the $0.1262 area to a high of $0.1716 before pulling back to $0.1512.
Now, price is consolidating after the sharp rally.
The 1H chart remains constructive, with price above the MA25 at $0.1430 and MA99 at $0.1329. But buyers need to reclaim the $0.1539–$0.1550 zone to build fresh momentum.
Key levels to watch:
Support: $0.1430
Resistance: $0.1550
Breakout target: $0.1716
If buyers regain control, another attempt at the recent high is possible. However, losing $0.1430 could trigger a deeper pullback.
Will $ON make another run toward $0.17, or is the rally losing steam? 📈
#on #TechnicalAnalysis
$ONUSDT exploded from the $0.1262 area to a high of $0.1716 before pulling back to $0.1512.
Now, price is consolidating after the sharp rally.
The 1H chart remains constructive, with price above the MA25 at $0.1430 and MA99 at $0.1329. But buyers need to reclaim the $0.1539–$0.1550 zone to build fresh momentum.
Key levels to watch:
Support: $0.1430
Resistance: $0.1550
Breakout target: $0.1716
If buyers regain control, another attempt at the recent high is possible. However, losing $0.1430 could trigger a deeper pullback.
Will $ON make another run toward $0.17, or is the rally losing steam? 📈
#on #TechnicalAnalysis
