The silence before the storm is always the hardest part of the market. Everything looks calm until buyers return, momentum builds, and the next major move begins to take shape. ON is already showing a strong sign of life with a 15.11 percent gain in the last 24 hours, putting it firmly on the watchlist.
The next thing I want to see is whether trading volume continues to expand alongside price. A move supported by stronger spot demand would carry more weight than a sudden spike followed by fading activity. I am also watching Bitcoin dominance, broader altcoin strength, and any credible signs of large wallet accumulation. These signals can help determine whether ON has room to extend its momentum or needs a cooldown first.
The key is to avoid chasing a green candle blindly. Watch for a successful retest of the entry zone and a clear recovery in buying pressure. If momentum holds, the next upside objective becomes interesting. If price loses the setup level, protecting capital matters more than hoping for a reversal.
EP: 0.1775
TP: 0.1950
SL: 0.1680
These are illustrative levels based on the displayed price, not verified technical support or resistance. Confirm the chart and volume before entering.
The market may be preparing for another move, and ON is one of the names I am watching closely. I am ready for the move, but confirmation will decide the trade.
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