ON is staring down a decisive test as Binance Square pivots lower, with the market eyeing a break below recent swing lows. The price action is tightening, and a short could catch the next wave.
🔴 $ON SHORT 📉 — Trade Plan
• Entry: $0.264136 – $0.264664
• Stop: $0.272332 (-3.0%)
• Target 1: $0.260434 (+1.5%)
• Target 2: $0.251180 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH on the 4‑hour chart opened the bearish corridor, while a CVD spike confirms sellers taking control. The FVG sits right under the last bullish order block, creating a POI where the OB and FVG overlap, and a fresh liquidity sweep sealed the structure.
A 3 % stop is fairly tight on this swing, so keep leverage at 2‑3× to protect equity.
Take half profit once price hits the first target around the next minor resistance.
Not financial advice — always manage your own risk 🙏
$ON #ONUSDT #curse #TradingSignals #Write2Earn
🔴 $ON SHORT 📉 — Trade Plan
• Entry: $0.264136 – $0.264664
• Stop: $0.272332 (-3.0%)
• Target 1: $0.260434 (+1.5%)
• Target 2: $0.251180 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH on the 4‑hour chart opened the bearish corridor, while a CVD spike confirms sellers taking control. The FVG sits right under the last bullish order block, creating a POI where the OB and FVG overlap, and a fresh liquidity sweep sealed the structure.
A 3 % stop is fairly tight on this swing, so keep leverage at 2‑3× to protect equity.
Take half profit once price hits the first target around the next minor resistance.
Not financial advice — always manage your own risk 🙏
$ON #ONUSDT #curse #TradingSignals #Write2Earn