$ON SHORTS DOMINATE AS LIQUIDITY SWEPT BELOW KEY SUPPORT 🔴
Short positioning on $ON is building exactly where institutional selling flooded the tape last week. 🦈 The recent push into resistance failed to reclaim the 4H breaker, and price has already violated the last minor swing low — leaving supply overhead with zero demand beneath. 📉
Volume is confirming the shift: sellers absorbing every rally attempt while open interest climbs likely indicates a liquidity pool forming below the range. ⚡ We're watching for a sweep of the low to ignite the next leg down. 🔍
💬 Do you trust this breakdown, or are you waiting for a close back above the broken structure before joining the short side? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ON #ShortSetup #Bearish #Crypto #Trading
🐻 📉
Short positioning on $ON is building exactly where institutional selling flooded the tape last week. 🦈 The recent push into resistance failed to reclaim the 4H breaker, and price has already violated the last minor swing low — leaving supply overhead with zero demand beneath. 📉
Volume is confirming the shift: sellers absorbing every rally attempt while open interest climbs likely indicates a liquidity pool forming below the range. ⚡ We're watching for a sweep of the low to ignite the next leg down. 🔍
💬 Do you trust this breakdown, or are you waiting for a close back above the broken structure before joining the short side? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ON #ShortSetup #Bearish #Crypto #Trading
🐻 📉