$ON โ BEARS ARE TAKING CONTROL! A POTENTIAL SHORT SETUP TO WATCH! ๐ป๐ฅ
#ON is showing serious weakness after facing a massive rejection from the $0.20 region. The chart has shifted into a strong bearish structure, with aggressive selling pressure pushing the price down toward $0.13. Looking at the 15-minute timeframe, the recent sharp breakdown suggests that sellers are still dominating, while the price is struggling to recover its lost support zone. If #ON fails to reclaim the $0.1317โ$0.1477 resistance area, further downside toward $0.1000 and potentially $0.0881 could come into focus. With a 51.64% drop in the last 24 hours, volatility is extremely high, so a temporary relief bounce is also possible before any continuation. The key is to watch how price reacts around the current consolidation zone.
$BWET Short ๐ TP : 528
$PARTI Short ๐ TP : 0.032
#ON is showing serious weakness after facing a massive rejection from the $0.20 region. The chart has shifted into a strong bearish structure, with aggressive selling pressure pushing the price down toward $0.13. Looking at the 15-minute timeframe, the recent sharp breakdown suggests that sellers are still dominating, while the price is struggling to recover its lost support zone. If #ON fails to reclaim the $0.1317โ$0.1477 resistance area, further downside toward $0.1000 and potentially $0.0881 could come into focus. With a 51.64% drop in the last 24 hours, volatility is extremely high, so a temporary relief bounce is also possible before any continuation. The key is to watch how price reacts around the current consolidation zone.
$BWET Short ๐ TP : 528
$PARTI Short ๐ TP : 0.032
