🚨 $ON FACES PREMIUM EXHAUSTION AS INSTITUTIONAL SUPPLY DEFENDS RANGE HIGHS 📉
Entry: 0.1340 - 0.1380 ⚡
Target: 0.1300 - 0.1250 - 0.1200 🎯
Stop Loss: 0.1480 🛑
📌 Price action on $ON is printing clear distribution into this overhead supply block, trapping late breakout liquidity at premium levels. 🔍 Order flow reveals aggressive buyer absorption between 0.1340 and 0.1380, setting up an imbalance fill toward underlying discount pools.
🌊 A clean structural rejection here exposes resting sell-side liquidity down to the 0.1200 shelf with well-defined structural invalidation. 💬 Are you fading this supply retest or expecting another liquidity sweep above highs? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ON #ShortSetup #PriceAction #SmartMoney #Crypto
🎯 🦈
Entry: 0.1340 - 0.1380 ⚡
Target: 0.1300 - 0.1250 - 0.1200 🎯
Stop Loss: 0.1480 🛑
📌 Price action on $ON is printing clear distribution into this overhead supply block, trapping late breakout liquidity at premium levels. 🔍 Order flow reveals aggressive buyer absorption between 0.1340 and 0.1380, setting up an imbalance fill toward underlying discount pools.
🌊 A clean structural rejection here exposes resting sell-side liquidity down to the 0.1200 shelf with well-defined structural invalidation. 💬 Are you fading this supply retest or expecting another liquidity sweep above highs? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ON #ShortSetup #PriceAction #SmartMoney #Crypto
🎯 🦈