$ONON
Added 2024-01-25 21:20:52 +0000 UTCI am watching how this wedge has been forming here for $ONON.
The support line has been in place since the start of 2023 and has held 4 times here.
This line also keeps the price action above the blue line and in the bull case too.
So a break down from this wedge and the last support level will be the blue line at exactly $25.....failure to hold here and this may sink hard.
The bullish scenario: a break out of the wedge at $29 and hold, then the price targets are above at $40 and $51.
I do like $ONON as a brand and their strong following....I have also been surprised to see how widespread they are around the world.
Comments
Tough going at the mo
Trevor Sweetnam
2024-01-25 21:25:16 +0000 UTC
