🚦 Market Sentiment: Bullish Reversal (V-Shape) 🟢

Headline: $ON Reclaiming Key Levels! 🚀 Bottom is In?

$ON is showing a strong recovery on the 5m chart. After a sharp dip to $0.091, the price is bouncing back aggressively and is currently testing the MA 99 and MA 25 resistance zone.

🎯 My Trade Setup:

Position: LONG 🟢

Entry Zone: $0.101 - $0.103 (Wait for solid break)

Take Profit 1: $0.110 (Recent Peak)

Take Profit 2: $0.115 (Next Major Target)

Stop Loss: $0.097 (Below MA 99 support)

🔍 Quick Analysis:

Price is attempting to close above the MA 7 and MA 25, showing immediate bullish strength for $ON.

The volume spike at the bottom suggests strong buying interest near $0.09.

If $ON can hold above $0.102, we can expect a continuation toward the previous daily highs.

🛡️ Risk Note: Low cap coins like ON can be very volatile. Manage your leverage and stay safe!

Is this a dead-cat bounce or a real trend reversal? 👇

#ON #CryptoTrading #TechnicalAnalysis #Write2Earn #Bullish #altcoins