$ONUS Skyrockets +58%! 🚀 Is the Bullish Momentum Sustainable?
The $ONUS /USDT pair is catching eyes today with a massive recovery. Looking at the 1-minute chart, we’ve seen some intense volatility and a strong bounce back from the 0.165 support zone.
Technical Highlights:
✅ V-Shape Recovery: After a brief dip, bulls stepped in heavily, pushing the price back toward the 0.19 level.
✅ Moving Averages: The price is currently battling the MA(7). Staying above the MA(25) (0.1834) is crucial to maintain this uptrend.
✅ Volume Spike: Buying volume has surged, showing that traders are active and pushing for a breakout.
What to Watch:
• Resistance: 0.1973 - 0.2000. If we flip 0.20 into support, we could see another leg up.
• Support: 0.1830. A drop below this could lead to a retest of the 0.175 area.
Caution: High volatility means high risk. While the pumps are exciting, remember to manage your risk and use stop-losses!
What’s your move? Long or Short? 👇$ON
