🔴 $ON BEARS FLIP THE 15M STRUCTURE AS MOMENTUM EXPANDS SOUTHWARD 📉
Entry: 0.0759 ⚡
Target: 0.070984 🚀
Stop Loss: 0.0798328 ⚠️
Institutional distribution is firmly in play on $ON as volume surges 2.85x above the twenty-bar average. Price action remains cleanly suppressed below the descending EMA stack while the negative MACD histogram confirms persistent seller dominance on the intraday timeframe. 📊
With RSI hovering near 38.6 and ADX measuring active trend momentum, this breakdown pullback offers a pristine continuation setup directly off structural resistance. ⚡ Are you positioning for the downside continuation or waiting for a deeper sweep? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ON #ShortSetup #PriceAction #Crypto #TechnicalAnalysis
🦈 📉
Entry: 0.0759 ⚡
Target: 0.070984 🚀
Stop Loss: 0.0798328 ⚠️
Institutional distribution is firmly in play on $ON as volume surges 2.85x above the twenty-bar average. Price action remains cleanly suppressed below the descending EMA stack while the negative MACD histogram confirms persistent seller dominance on the intraday timeframe. 📊
With RSI hovering near 38.6 and ADX measuring active trend momentum, this breakdown pullback offers a pristine continuation setup directly off structural resistance. ⚡ Are you positioning for the downside continuation or waiting for a deeper sweep? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ON #ShortSetup #PriceAction #Crypto #TechnicalAnalysis
🦈 📉
