#ON 15m Setup: Finding Support for a Bounce! 📈🎯
$ON is holding up well today, up over 26%. Looking at the 15-minute chart, we saw a sharp wick down but buyers immediately stepped in to defend the level. Price is now consolidating and looking ready for a push higher.
Here is a clean long setup if the momentum continues:
🟢 Direction: Long
📍 Entry: ~0.1693
🎯 Take Profit 1: 0.1739
🎯 Take Profit 2: 0.1785
🎯 Take Profit 3: 0.1830
🛑 Stop Loss: 0.1606
⚠️ Pro Tip: The Risk/Reward here is a solid 1:1.5. Once TP1 hits, move your Stop Loss to your entry price to make the trade risk-free! 🛡️
Are you playing this ON bounce, or waiting for a deeper pullback? Let me know below! 👇
$ON
$ON is holding up well today, up over 26%. Looking at the 15-minute chart, we saw a sharp wick down but buyers immediately stepped in to defend the level. Price is now consolidating and looking ready for a push higher.
Here is a clean long setup if the momentum continues:
🟢 Direction: Long
📍 Entry: ~0.1693
🎯 Take Profit 1: 0.1739
🎯 Take Profit 2: 0.1785
🎯 Take Profit 3: 0.1830
🛑 Stop Loss: 0.1606
⚠️ Pro Tip: The Risk/Reward here is a solid 1:1.5. Once TP1 hits, move your Stop Loss to your entry price to make the trade risk-free! 🛡️
Are you playing this ON bounce, or waiting for a deeper pullback? Let me know below! 👇
$ON
