🔻 $ON USDT Perp – Short Setup

Entry Zone: 0.1588 – 0.1700
Target 1: 0.1412 (MA25 support)
Target 2: 0.1250
Stop Loss: 0.1800

Why Short?

· Clear rejection and bearish engulfing candle after spiking to 0.2787
· Downtrend at -13.13%
· Price breaking below MA(7): 0.17897 with heavy red volume, confirming aggressive profit-taking and a shift to bearish momentum

Key Levels:
🔴 Resistance: 0.1800
🟢 Support: 0.1412 → 0.1250

#ON #Trading #ShortSignal #Crypto #Binance

$ON