🔥 Bullish rebound attempt spotted on $ON after the sharp cooldown from 0.25998
💰 But price is still trading under a heavy resistance zone and buyers need stronger confirmation
✅ Entry Zone: 0.1660 – 0.1705
🎯 TP1: 0.1785
🎯 TP2: 0.1900
🎯 TP3: 0.2050
🛑 SL: 0.1585
Why this setup? 🤔
🟢 Price is trying to stabilize after the aggressive dump from the local top
🟢 Buyers defended the lower area and pushed a small recovery candle back into the range
🟢 If 0.1785 gets reclaimed cleanly, momentum can expand toward a stronger relief bounce 🚀
🔴 But below 0.1585 = recovery structure weakens and setup becomes risky ❌