Nobody’s talking about the clean rejection under MA7 on ON...
$ON - SHORT
Trade Plan:
Entry: 0.2470 – 0.2520
SL: 0.2610
TP1: 0.2380
TP2: 0.2300
TP3: 0.2180
Why this setup?
The 4H bias is SHORT and price is sitting under both MA7 and MA25 after a failed reclaim. The recent bounce from 0.2336 looked promising but got sold hard near 0.26 with no follow-through. 15m momentum remains weak and the lower highs are intact. This is classic distribution — buyers keep stepping in and getting trapped. Entry is tight above the current price, SL sits clean above the failed reclaim zone, and the downside still has room toward the recent low and beyond. Size it for the volatility.
Debate:
Are you buying this “support” looking for 0.26 again, or are you riding the breakdown toward 0.2300 with the structure?
Click here to Trade 👇
$PUMP $TUT
$ON - SHORT
Trade Plan:
Entry: 0.2470 – 0.2520
SL: 0.2610
TP1: 0.2380
TP2: 0.2300
TP3: 0.2180
Why this setup?
The 4H bias is SHORT and price is sitting under both MA7 and MA25 after a failed reclaim. The recent bounce from 0.2336 looked promising but got sold hard near 0.26 with no follow-through. 15m momentum remains weak and the lower highs are intact. This is classic distribution — buyers keep stepping in and getting trapped. Entry is tight above the current price, SL sits clean above the failed reclaim zone, and the downside still has room toward the recent low and beyond. Size it for the volatility.
Debate:
Are you buying this “support” looking for 0.26 again, or are you riding the breakdown toward 0.2300 with the structure?
Click here to Trade 👇
$PUMP $TUT
