Chart Analysisâ—Ź Neutral
ON 4H Analysis: Tests $0.207 Resistance After 21% Daily Rally
TradingGain Newsroom··29 Oct 2026, 05:40 UTCON is up 21% over 24 hours and trades at $0.186 after four green 4H candles in a row. A 4H close above $0.207 would open a move toward $0.246, while a close below $0.177 would open a drop toward $0.168.
ON 4H Update đź“Š
ON is up 21% in 24 hours and has closed green 4 candles in a row, now trading near $0.186. It sits well above its rising trendline, which has been touched 4 times since Oct 7 and is currently near $0.129.
Price is about 10% below the Oct 28 high at $0.207, and the $0.201 to $0.207 zone is the level to watch.
What I'm watching:
🟢 A 4H close above $0.207 opens a move toward $0.246
đź”´ A 4H close below $0.177 opens a drop toward $0.168 (old resistance, now support)
Let the candle close decide, not the wick. Patience here.
Not financial advice, manage your risk. 🙏
ON is up 21% in 24 hours and has closed green 4 candles in a row, now trading near $0.186. It sits well above its rising trendline, which has been touched 4 times since Oct 7 and is currently near $0.129.
Price is about 10% below the Oct 28 high at $0.207, and the $0.201 to $0.207 zone is the level to watch.
What I'm watching:
🟢 A 4H close above $0.207 opens a move toward $0.246
đź”´ A 4H close below $0.177 opens a drop toward $0.168 (old resistance, now support)
Let the candle close decide, not the wick. Patience here.
Not financial advice, manage your risk. 🙏
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Chart levels are calculated automatically from live Binance futures candles and written up by TradingGain. Not financial advice.Open chart →