ON 4H Analysis: Tests $0.232-$0.238 Resistance After 37.5% 24H Surge
ON is up 37.5% in the last 24 hours and about 53.5% since its major low of $0.145 on Nov 4. Price is near $0.223, just below a resistance zone at $0.232 to $0.238.

ON is up 37.5% in 24 hours and about 53.5% since its major low of $0.145 on Nov 4. Price is now at $0.223, just below the $0.232-0.238 resistance zone.
What I'm watching:
🟢 A 4H close above $0.238 opens a move toward $0.273, the supply zone at $0.273-0.279.
🔴 A 4H close below $0.216 opens a drop toward $0.208, the old resistance now support zone.
After a move this fast, let the close confirm the direction and keep your position size small.
Not financial advice, manage your risk. 🙏
