ON is testing a fresh swing low around the 1.45% level, and the price is primed for a breakout. The market’s recent lower highs have set the stage for a decisive move.

🟢 $ON LONG 📈 — Trade Plan
• Entry: $0.199800 – $0.200200
• Stop: $0.194000 (-3.0%)
• Target 1: $0.203000 (+1.5%)
• Target 2: $0.210000 (+5.0%)
• R/R 1:1.7 | Confidence 64%

A clear change of character appeared as the price broke the prior swing high, confirming a bullish CHoCH, while cumulative volume delta turned positive, backing the direction. The fair value gap left between 1.44% and 1.46% aligns with an order block that held on the 4‑hour chart, creating a POI where OB and FVG overlap. With the confluence intact, the structure now points to a higher low and a target near the previous resistance at 1.58%.

A 3.0% stop is fairly tight on a 1.7‑to‑1 reward, so a modest 5‑6× leverage keeps risk manageable.

Take partial profit around the first swing high at 1.52% to lock in gains before the final push.

DYOR — this isn't financial advice, size your risk accordingly 🙏

$ON #ONUSDT #EarningsSeason #TradingSignals #Write2Earn