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$ON /USDT
ON experienced short liquidations near $0.2458, indicating that bearish traders were squeezed as price pushed upward. While the liquidation size is modest, it still reflects improving buying pressure in the short term. Holding above $0.2420 keeps the bullish structure intact and increases the probability of another attempt toward higher resistance. The first key barrier remains around $0.2490, where profit-taking may appear. If buyers break that level with strong volume, the next upside objectives become $0.2550 and $0.2620. However, failure to defend the support zone may shift momentum back toward sellers and expose $0.2380. Current price action suggests bulls remain in control, but confirmation through higher highs is needed before expecting a sustained rally. Support: $0.2420 / $0.2380. Resistance: $0.2490 / $0.2550. Targets: 🎯 $0.2550 → $0.2620 → $0.2700. Stop-loss: Below $0.2400. Next Move: Bullish while above support.
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