๐จ $ON MOMENTUM FADES AT RESISTANCE AS SELLERS PREPARE FOR A SWEEP! ๐ป
Entry: 0.2504 โก
Target: 0.2267 ๐
Stop Loss: 0.2662 โ ๏ธ
The recent upside surge in $ON is showing clear signs of momentum exhaustion as distribution takes over near key resistance. ๐ Buyers are losing control of the tape while sell-side volume quietly ramps up, setting the stage for a swift pull-back into lower demand blocks.
๐ Positioning into this fading rally offers a clean risk-to-reward ratio, using structural resistance to safeguard against invalidation. ๐ ๐ฌ Are you taking the short side here or waiting to catch a bid at lower support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ON #ShortSetup #Bearish #CryptoTrading
๐ ๐ป
Entry: 0.2504 โก
Target: 0.2267 ๐
Stop Loss: 0.2662 โ ๏ธ
The recent upside surge in $ON is showing clear signs of momentum exhaustion as distribution takes over near key resistance. ๐ Buyers are losing control of the tape while sell-side volume quietly ramps up, setting the stage for a swift pull-back into lower demand blocks.
๐ Positioning into this fading rally offers a clean risk-to-reward ratio, using structural resistance to safeguard against invalidation. ๐ ๐ฌ Are you taking the short side here or waiting to catch a bid at lower support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ON #ShortSetup #Bearish #CryptoTrading
๐ ๐ป
