$ON bulls losing control and deeper correction coming
Short ON (DCA Entries)
EP1: 0.1650 – 60%
EP2: 0.1750 – 20%
EP3: 0.1900 – 20%
SL: 0.250
TP1: 0.155
TP2: 0.145
TP3: 0.135
TP4: 0.120
Why:
ON faced heavy rejection near 0.2787 and has dropped below MA7 (0.18380) and MA25 (0.19168), signaling bearish momentum. MACD is negative with an expanding bearish histogram, while selling pressure is increasing. A breakdown below 0.1636 could trigger further downside toward lower support levels.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
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#Altcoin Season# #Macro Insights#
Short ON (DCA Entries)
EP1: 0.1650 – 60%
EP2: 0.1750 – 20%
EP3: 0.1900 – 20%
SL: 0.250
TP1: 0.155
TP2: 0.145
TP3: 0.135
TP4: 0.120
Why:
ON faced heavy rejection near 0.2787 and has dropped below MA7 (0.18380) and MA25 (0.19168), signaling bearish momentum. MACD is negative with an expanding bearish histogram, while selling pressure is increasing. A breakdown below 0.1636 could trigger further downside toward lower support levels.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#
