$ON USDT Sellers Are Testing the Floor
#on is down 8.09% and trading near $0.1193, just above the 24h low at $0.1188. The key question now is whether buyers can defend this support or sellers push price lower.
Short Entry: $0.1210–$0.1230 on rejection
Stop Loss: $0.1286
Targets: $0.1188 → $0.1137 → $0.1124
A breakdown below $0.1188 could extend the downside, while a strong reclaim of resistance may invalidate the short idea. I’d wait for confirmation rather than chase the move.
Risk management is essential. This is not financial advice; do your own research.
#on is down 8.09% and trading near $0.1193, just above the 24h low at $0.1188. The key question now is whether buyers can defend this support or sellers push price lower.
Short Entry: $0.1210–$0.1230 on rejection
Stop Loss: $0.1286
Targets: $0.1188 → $0.1137 → $0.1124
A breakdown below $0.1188 could extend the downside, while a strong reclaim of resistance may invalidate the short idea. I’d wait for confirmation rather than chase the move.
Risk management is essential. This is not financial advice; do your own research.