🚨 ON just pumped 80%. The top wicks are printing again 💀 #ON
$ON — Shot up from 0.16 to 0.295. But look at the chart. RSI is 92.2 — extreme overbought. This isn't organic buying. It’s pure market manipulation designed to trap late longs and hunt short stops.
If it loses 0.224 (EMA7), expect a violent flush straight back to the 0.189 baseline.
Late buyers are the exit liquidity. I'm not chasing this green candle. Waiting for the first red wick to short this back to reality.
#CryptoDropbit
$ON — Shot up from 0.16 to 0.295. But look at the chart. RSI is 92.2 — extreme overbought. This isn't organic buying. It’s pure market manipulation designed to trap late longs and hunt short stops.
If it loses 0.224 (EMA7), expect a violent flush straight back to the 0.189 baseline.
Late buyers are the exit liquidity. I'm not chasing this green candle. Waiting for the first red wick to short this back to reality.
#CryptoDropbit
