๐ด $ON BEARS FLIP THE 15M STRUCTURE AS MOMENTUM EXPANDS SOUTHWARD ๐
Entry: 0.0759 โก
Target: 0.070984 ๐
Stop Loss: 0.0798328 โ ๏ธ
Institutional distribution is firmly in play on $ON as volume surges 2.85x above the twenty-bar average. Price action remains cleanly suppressed below the descending EMA stack while the negative MACD histogram confirms persistent seller dominance on the intraday timeframe. ๐
With RSI hovering near 38.6 and ADX measuring active trend momentum, this breakdown pullback offers a pristine continuation setup directly off structural resistance. โก Are you positioning for the downside continuation or waiting for a deeper sweep? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ON #ShortSetup #PriceAction #Crypto #TechnicalAnalysis
๐ฆ ๐
Entry: 0.0759 โก
Target: 0.070984 ๐
Stop Loss: 0.0798328 โ ๏ธ
Institutional distribution is firmly in play on $ON as volume surges 2.85x above the twenty-bar average. Price action remains cleanly suppressed below the descending EMA stack while the negative MACD histogram confirms persistent seller dominance on the intraday timeframe. ๐
With RSI hovering near 38.6 and ADX measuring active trend momentum, this breakdown pullback offers a pristine continuation setup directly off structural resistance. โก Are you positioning for the downside continuation or waiting for a deeper sweep? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ON #ShortSetup #PriceAction #Crypto #TechnicalAnalysis
๐ฆ ๐
