$ONON is at the bottom wedge trend line now and I believe this level needs to hold or the bulls are losing their structure.
A successful hold and bounce on this level and $ONON can test the 50 and 200 Day MA above and a breakout here and we will likely see a breakout of the wedge as it becomes very tight into this wedge now.
A hold above the wedge and the price targets are above as shown.