🔴$ON USDT – SHORT TRADE SETUP 🚨
⚠️ BEARISH MOMENTUM AFTER A MASSIVE REJECTION!
$ON has faced strong selling pressure after reaching 0.3136. The 1-hour chart is showing a sharp bearish reversal, with consecutive red candles and price dropping towards 0.2149.
📉 TECHNICAL ANALYSIS
🔻 Strong rejection from 0.3136
🔻 Heavy bearish candles
🔻 Price trading below Supertrend (0.3080)
🔻 Sellers showing strong momentum
🔻 Key support zone around 0.2149
🔴 SHORT TRADE SETUP
📍 Entry Zone: 0.2200 – 0.2250
🎯 TP1: 0.2160
🎯 TP2: 0.2120
🎯 TP3: 0.2080
🛑 Stop Loss: 0.2280
📊 MY EXPECTATION
If ONUSDT retests the entry zone and faces another rejection, further downside towards 0.2120 – 0.2080 could be possible.
A confirmed breakdown below 0.2149 may increase bearish pressure.
⚠️ Don't chase the move! Wait for a retest and confirmation. Manage your risk.
💬 QUESTION FOR THE COMMUNITY:
Will $ON drop below 0.2100, or are buyers preparing a comeback?
👇 Share your prediction!
#ONUSDT #ON #SHORT #BinanceSquare #CryptoTrading
⚠️ BEARISH MOMENTUM AFTER A MASSIVE REJECTION!
$ON has faced strong selling pressure after reaching 0.3136. The 1-hour chart is showing a sharp bearish reversal, with consecutive red candles and price dropping towards 0.2149.
📉 TECHNICAL ANALYSIS
🔻 Strong rejection from 0.3136
🔻 Heavy bearish candles
🔻 Price trading below Supertrend (0.3080)
🔻 Sellers showing strong momentum
🔻 Key support zone around 0.2149
🔴 SHORT TRADE SETUP
📍 Entry Zone: 0.2200 – 0.2250
🎯 TP1: 0.2160
🎯 TP2: 0.2120
🎯 TP3: 0.2080
🛑 Stop Loss: 0.2280
📊 MY EXPECTATION
If ONUSDT retests the entry zone and faces another rejection, further downside towards 0.2120 – 0.2080 could be possible.
A confirmed breakdown below 0.2149 may increase bearish pressure.
⚠️ Don't chase the move! Wait for a retest and confirmation. Manage your risk.
💬 QUESTION FOR THE COMMUNITY:
Will $ON drop below 0.2100, or are buyers preparing a comeback?
👇 Share your prediction!
#ONUSDT #ON #SHORT #BinanceSquare #CryptoTrading
