📊 $ON | Financial analysis
🟢 Current trend: Bullish
💰 Current price: 0.1812$
📈 Potential trade: LONG (after correction)
🎯 Entry zone: 0.1690 – 0.1770$
🛑 Stop loss: 0.1550$
✅ First target: 0.1850$
✅ Second target: 0.1980$
✅ Third target: 0.2100$
📌 Analysis:
The price is trading in a strong, sharp bullish trend, with full stability above the moving averages EMA 7 (0.1690$), EMA 25 (0.1559$), and EMA 99 (0.1500$) on the hourly timeframe. The RSI indicator is recording extreme high levels at 95.10, indicating a very large buying momentum with sharp overbought conditions at the moment.
⚠️ Recommendation: Buying at the current price carries high risk due to the likelihood of a quick correction to take profits. It is preferable to wait for a retest of the support area between (0.1690 – 0.1770$) and confirm the rebound from it before entering, while strictly adhering to the stop loss.
#ON #ONUSUT SDT
# #Crypto #OrochiNetwor #تحليل_فني📊 #LONG
🟢 Current trend: Bullish
💰 Current price: 0.1812$
📈 Potential trade: LONG (after correction)
🎯 Entry zone: 0.1690 – 0.1770$
🛑 Stop loss: 0.1550$
✅ First target: 0.1850$
✅ Second target: 0.1980$
✅ Third target: 0.2100$
📌 Analysis:
The price is trading in a strong, sharp bullish trend, with full stability above the moving averages EMA 7 (0.1690$), EMA 25 (0.1559$), and EMA 99 (0.1500$) on the hourly timeframe. The RSI indicator is recording extreme high levels at 95.10, indicating a very large buying momentum with sharp overbought conditions at the moment.
⚠️ Recommendation: Buying at the current price carries high risk due to the likelihood of a quick correction to take profits. It is preferable to wait for a retest of the support area between (0.1690 – 0.1770$) and confirm the rebound from it before entering, while strictly adhering to the stop loss.
#ON #ONUSUT SDT
# #Crypto #OrochiNetwor #تحليل_فني📊 #LONG