$ON is retesting a key supply zone where the latest recovery is beginning to fade.
Trading Plan Short $ON
Entry: 0.2376 - 0.2424
SL: 0.262
TP1: 0.232
TP2: 0.227
TP3: 0.219
The latest rebound has pushed price into a resistance area where sellers are starting to absorb demand. Buyers are struggling to extend the recovery above this zone, leaving liquidity below the recent structure exposed. If supply continues to hold, the next rotation could sweep lower levels before another reaction.
trade $ON here 👇 :
Trading Plan Short $ON
Entry: 0.2376 - 0.2424
SL: 0.262
TP1: 0.232
TP2: 0.227
TP3: 0.219
The latest rebound has pushed price into a resistance area where sellers are starting to absorb demand. Buyers are struggling to extend the recovery above this zone, leaving liquidity below the recent structure exposed. If supply continues to hold, the next rotation could sweep lower levels before another reaction.
trade $ON here 👇 :