$ON has retraced from 0.178 and is now trading around 0.148, right near a major demand zone. The next few candles will decide whether this becomes a recovery setup or another leg lower.
Trading roadmap
• Support: 0.1465
• Resistance: 0.1560
• Bullish targets: 0.1640 → 0.1720 → 0.1780
A strong hold above support could shift momentum back in favor of buyers, while losing 0.1465 would weaken the current structure.
Trading roadmap
• Support: 0.1465
• Resistance: 0.1560
• Bullish targets: 0.1640 → 0.1720 → 0.1780
A strong hold above support could shift momentum back in favor of buyers, while losing 0.1465 would weaken the current structure.
