$ON is pushing back toward the upper range after the strong rebound from support, and I’m watching for a continuation long if buyers keep defending the current structure.
Entry: 0.1920 - 0.1950
Stop loss: 0.1865
Targets:
0.2020
0.2150
0.2280
Short-term structure is improving after the strong recovery from the lower range, with buyers reclaiming momentum and price trading close to the recent breakout area. The move is still volatile, but bulls are clearly trying to build continuation from this base.
If this zone holds, $ON could extend the upside move and push into the next resistance levels.