🔥 $ON N Just Saw a Brutal Shakeout — and Smart Money Might Be Eyeing the Rebound 🔥
$ON got hit with a $4.65K long liquidation at $0.1401, wiping out overleveraged positions and forcing a sharp intraday correction. The flush looks like classic profit-taking + weak hands getting cleaned out, leaving the chart in an ultra-interesting spot.
But here’s what matters now:
✅ Support at $0.138 is holding strong — this is the battleground.
✅ Buyers are cautious but lurking, waiting for confirmation that the dump is over.
✅ A clean bounce off this zone could ignite the next momentum push.
If this support continues to hold, the setup becomes explosive:
🎯 Entry Zone: $0.138 – $0.141
🚀 TP1: $0.148
⚡ TP2: $0.155
🛑 Stop-Loss: $0.134
Watch price action closely. If $ON stabilizes above support and liquidity starts flowing back in, the chart could flip bullish fast — and that’s when fresh entries start chasing the move.
The stage is set. The question is:
Will the bulls reclaim control… or was that only the first round of the fight?
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