$ONON - RC -
Added 2023-10-19 14:11:00 +0000 UTC$ONON nice hold so far on the 0.618 Fib at $23.69 and has bounced since.
The bounce has gone all the way up to the 0.5 Fib and has since pulled back.
So the price action is respecting the Fib levels so this is a good sign.
What we want to see now is $ONON holding a higher low next on this small pull back.
The green fib level at the 0.618 Fib is at $24.50, this would be the ideal spot to find support in this small ABC correction.
