$ON Heavy long liquidation at $0.08998 signals a clear flush of bullish positions. Price is failing to reclaim this zone, indicating it has flipped into resistance. Market structure shows continuation of lower highs and weak recovery attempts.
EP: $0.08850 - $0.09000
TP: $0.08500
TP: $0.08250
TP: $0.07900
SL: $0.09280
Trend is bearish with sustained pressure below the liquidation zone. Momentum remains to the downside with no strong reversal signals. Liquidity above has been taken, and price is now targeting lower support zones where resting bids sit.
ONUSDT
Perp
0.10387
-31.07%
#US5DayHalt #TrumpSaysIranWarHasBeenWon #OilPricesDrop #CLARITYActHitAnotherRoadblock #TrumpSeeksQuickEndToIranWar