$ON Short Setup — Rejection in Focus 📉

Rejection could trigger another downside move.

$ON is testing a potential supply zone where sellers may step back in and pressure price lower.

🔴 Short Entry: 0.236 – 0.240
🛑 Stop Loss: 0.253
🎯 TP1: 0.224
🎯 TP2: 0.212
🎯 TP3: 0.198

If the rejection holds, bearish momentum could accelerate toward the lower targets.
⚠️ Manage risk carefully and avoid overleveraging.

Will ON break lower from this zone, or can buyers reclaim momentum?

Trade $ON here 👇