ON is slicing through the 200‑day range, eyes on the 10‑day low as sellers tighten.

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🔴 $ON SHORT 📉
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📍 Entry Range: $0.165334 – $0.165665
🛑 Stop Loss: $0.170465 (-3.0%)
🎯 TP1: $0.163018 (+1.5%)
🏆 TP2: $0.157225 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A clear CHoCH on the 1‑hour chart opened the short window, backed by a bearish CVD spike, a fresh FVG beneath price and an OB that aligns with the POI. The structure now shows lower highs and a broken swing low, confirming the downtrend.

A 3.0% stop is relatively tight, so keep leverage modest – around 3‑5×.

Take half profit once price hits the first FVG level around a 1.2% gain.

Not financial advice — always manage your own risk 🙏

$ON #ONUSDT #BinanceToResumePhaseOneOfWithdrawals #TradingSignals #Write2Earn