๐ป $ON HIT A HEAVY SUPPLY WALL AND SELLERS ARE PREPARING A DOWNWARD LIQUIDITY SWEEP! ๐
Entry: 0.122 - 0.126 โก
Target: 0.100 ๐ฏ
Stop Loss: 0.135 โ ๏ธ
๐ The resistance overhead at 0.122 to 0.126 is proving far too heavy for buyers to absorb, signaling active seller distribution at the high end of the range. Failure to reclaim 0.126 keeps momentum firmly in seller hands, setting up a sharp short rotation down.
๐ A decisive drop below 0.118 will likely accelerate downside velocity, cascading through 0.113 and 0.107 directly toward the major demand floor at 0.100. โก Capital preservation remains critical, so manage risk strictly while this order flow unfolds.
๐ฌ Are you taking the short off this resistance rejection or waiting for 0.118 to break first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ON #ShortSetup #CryptoTrading #Bearish #Altcoins
๐ป ๐ฉธ
Entry: 0.122 - 0.126 โก
Target: 0.100 ๐ฏ
Stop Loss: 0.135 โ ๏ธ
๐ The resistance overhead at 0.122 to 0.126 is proving far too heavy for buyers to absorb, signaling active seller distribution at the high end of the range. Failure to reclaim 0.126 keeps momentum firmly in seller hands, setting up a sharp short rotation down.
๐ A decisive drop below 0.118 will likely accelerate downside velocity, cascading through 0.113 and 0.107 directly toward the major demand floor at 0.100. โก Capital preservation remains critical, so manage risk strictly while this order flow unfolds.
๐ฌ Are you taking the short off this resistance rejection or waiting for 0.118 to break first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ON #ShortSetup #CryptoTrading #Bearish #Altcoins
๐ป ๐ฉธ