The market starts getting interesting when buyers stop waiting for confirmation and begin creating it.
ON is trading around 0.1079 in the screenshot and is up 2.27 percent over 24 hours. That places it among the names showing positive momentum while the broader market is becoming increasingly active.
Bitcoin dominance is nearing 60 percent, while whale-tracked activity reached roughly 982.4 million dollars on Oct. 2. Large participants are clearly active, although the market remains selective rather than universally bullish.
That makes ON interesting to watch.
The immediate battle is around 0.102 to 0.106.
If that region holds during a pullback, buyers have a chance to challenge 0.118.
A clean move beyond that area could put 0.130 on the radar.
EP: 0.104 to 0.109
Support zone: 0.102 to 0.106
TP1: 0.118
TP2: 0.130
SL: 0.095
I am not interested in chasing a vertical candle.
I want to see price hold support, volume increase and resistance turn into support.
That is how momentum becomes structure.
ON is officially on watch.
I’m ready for the move —
#SEC proposes crypto custody framework
