$ON chart shows Perpetual* with a strong bullish move (+40.05% in 24h).
*Support & Resistance Analysis (English):*
1. *Support Level*: $0.09419 (24h low) – this is the recent bottom where buyers entered, creating a strong support zone.
2. *Resistance Level*: $0.18500 (24h high) – the immediate ceiling that the price tried to break; if it sustains above this, the next target is higher.
3. *Current Price*: $0.15866, acting as a consolidation point after the breakout.
4. *Moving Averages*:
- MA(5) = 49,109,004.6000 (indicating short-term bullish momentum).
- MA(10) = 40,780,662.7999 (showing medium-term trend support).
5. *Volume*: 24h volume is 351.99M ON tokens ($49.37M USDT), confirming strong market interest.
*Technical Outlook:*
- The bullish candle suggests a potential upward continuation if the price holds above $0.15866.
- Watch for a break above $0.18500 for further upside or a dip below $0.09419 for reversal.
- Use the *Long* button for bullish exposure and set a stop-loss near the support zone.
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