$ON
#ONUSDT SHORT
Entry: 0.2750 - 0.2800
Stoploss: 0.3050
Take Profit: 0.2500
Take Profit 2: 0.2229
Broke clean below that dotted support line around 0.28 with a sharp red drop, down 18% just today. Next thing in the way is that blue line near 0.2229, which lines up with an old base from earlier in the chart.
Still up big over 90 days though, so this could just be a pullback within a bigger uptrend rather than a full reversal — watch how it reacts near 0.25 before assuming it keeps going. Not financial advice.
#ONUSDT SHORT
Entry: 0.2750 - 0.2800
Stoploss: 0.3050
Take Profit: 0.2500
Take Profit 2: 0.2229
Broke clean below that dotted support line around 0.28 with a sharp red drop, down 18% just today. Next thing in the way is that blue line near 0.2229, which lines up with an old base from earlier in the chart.
Still up big over 90 days though, so this could just be a pullback within a bigger uptrend rather than a full reversal — watch how it reacts near 0.25 before assuming it keeps going. Not financial advice.