Hope is not a strategy. 🛑
$ON buyers tried to push, but the 'rebound' is looking like a textbook bull trap. The structure is crumbling, the momentum is dead, and the resistance at 0.24 is holding firm like a fortress. If you’re still longing this, you’re just providing exit liquidity for the smart money.
I’m positioned for a move back to the lows.
Max leverage 5x—keep it disciplined.
Target 1: 0.190 | Target 2: 0.165.
The exit door is closing.
ONUSDT
Perp
0.10343
-0.78%