👑 $ON bearish pressure emerging after a sharp rally!

Market Direction: BEARISH 📉

$ON is trading around $0.2542 after a strong rally toward $0.3136 faced heavy selling pressure. Price has sharply rejected the highs, suggesting sellers are gaining control. Buyers are struggling to maintain momentum, while the $0.260–$0.280 zone could act as resistance. A breakdown may trigger further downside toward lower liquidity levels.

Trading Plan SHORT: $ONUSDT

Entry: $0.265 – $0.280
Stop-Loss: $0.295
TP1: $0.235
TP2: $0.215
TP3: $0.185

Watch for rejection at resistance before entering.

Click and Trade $ON here 👇

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