$ON Short Setup Active

📉 Structure broken, momentum fading 📉

Entry Zone: 0.160 – 0.170

Stop Loss: 0.185

Take Profit Targets:

• TP1: 0.145

• TP2: 0.130

• TP3: 0.115

Strategy Note: $ON faced massive rejection from highs, followed by lower highs that confirm distribution. Momentum is fading and the trend has shifted bearish. Price is stalling after breaking structure, suggesting sellers are regaining control. This setup points toward continuation lower, with downside targets aligning to key support levels.

💡 Risk Tip: Once TP1 is hit, book partial profit and move SL to entry to protect capital.

ONUSDT

Perp

0.0997

-2.12%