ON is hammering lower on a clean market structure break, the short window is flashing now.
🔴 $ON SHORT 📉 — Trade Plan
• Entry: $0.243656 – $0.244144
• Stop: $0.251217 (-3.0%)
• Target 1: $0.240241 (+1.5%)
• Target 2: $0.231705 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH kicked off the move, backed by a bullish CVD squeeze that turned bearish, while a fresh FVG sits right under the broken swing. An order block aligns with that gap, and the liquidity sweep ripped through the recent highs, creating a POI where the OB and FVG overlap. All signs point to a rapid descent.
A 3.0% stop is tight for this volatility, so keep leverage modest, around 2x to 3x.
Take half profit at the first target as soon as price hits the initial FVG level.
Not financial advice — trade only what you can afford to lose 🙏
$ON #ONUSDT #SMC #TradingSignals #Write2Earn
🔴 $ON SHORT 📉 — Trade Plan
• Entry: $0.243656 – $0.244144
• Stop: $0.251217 (-3.0%)
• Target 1: $0.240241 (+1.5%)
• Target 2: $0.231705 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH kicked off the move, backed by a bullish CVD squeeze that turned bearish, while a fresh FVG sits right under the broken swing. An order block aligns with that gap, and the liquidity sweep ripped through the recent highs, creating a POI where the OB and FVG overlap. All signs point to a rapid descent.
A 3.0% stop is tight for this volatility, so keep leverage modest, around 2x to 3x.
Take half profit at the first target as soon as price hits the initial FVG level.
Not financial advice — trade only what you can afford to lose 🙏
$ON #ONUSDT #SMC #TradingSignals #Write2Earn