$ON — testing key support after localized rejection.

Short : (MAX x20)

Entry: 0.3850 - 0.4000

TP1: 0.3550

TP2: 0.3200

TP3: 0.2850

SL: 0.4215

$ON showing clear signs of momentum exhaustion at current levels. The chart indicates a significant rejection from the 0.4100 resistance zone, confirming a bearish shift in the immediate structure. Momentum is weakening on the 4H timeframe as price fails to maintain acceptance above the psychological 0.40 level. Structure remains corrective following the recent rally, with a high probability of a deeper pullback to test primary support. Expecting continuation toward lower liquidity clusters if the 0.37 level fails to hold.

Trade $ON here👇

ONBSC
ONUSDT
0.10297
+0.72%