$ON IS TESTING A KEY RESISTANCE ZONE — REJECTION COULD SPARK A CORRECTION ⚡
Entry: 0.1600–0.1640 🔥
Target: 0.1500 🚀
Stop Loss: 0.1675 ⚠️
Price has rallied into a well-defined resistance area where sellers have stepped in before. Momentum is stalling on the lower timeframes and bid liquidity is thinning above 0.1640. A rejection here opens a short-term correction toward the first target at 0.1500.
Waiting for a daily close below 0.1600 would confirm the shift in structure. Are you shorting here or waiting for the break?
Not financial advice. Always manage your risk.
#ON #ShortSetup #Resistance #Crypto
⚡
Entry: 0.1600–0.1640 🔥
Target: 0.1500 🚀
Stop Loss: 0.1675 ⚠️
Price has rallied into a well-defined resistance area where sellers have stepped in before. Momentum is stalling on the lower timeframes and bid liquidity is thinning above 0.1640. A rejection here opens a short-term correction toward the first target at 0.1500.
Waiting for a daily close below 0.1600 would confirm the shift in structure. Are you shorting here or waiting for the break?
Not financial advice. Always manage your risk.
#ON #ShortSetup #Resistance #Crypto
⚡
