🔴$ON I’m looking for shorts here as price is showing weakness after failing to hold the recent spike zone.
Short ON
Entry: 0.1124 to 0.1136
SL: 0.1159
TP1: 0.1102
TP2: 0.1078
TP3: 0.1049
The push higher lost momentum quickly and the last candles are showing rejection near local resistance. Sellers are starting to lean on this area, and if price stays below the recent wick high, the move can fade further. I prefer shorts on $ON while this weak structure remains in place.
Trade $ON here 👇