$ON Momentum Stalling — Downside Expansion Loading 📉

$ON SHORT SETUP📉 / Why this level matters: a key resistance zone where the recent bounce is losing strength, increasing the probability of a pullback.

Entry: 0.216 – 0.282 🟥

Target 1: 0.192 🎯
Target 2: 0.167 🎯
Target 3: 0.142 🎯

SL: 0.352 🚫

ON extended higher on a bounce, but momentum is fading and price structure is turning choppy. Buyers are struggling to push through resistance, signaling potential for sellers to regain control.

This setup favors short positioning within the zone, as a stall at resistance often precedes a sharp pullback toward lower targets.

Click to trade 👇$ON

ONUSDT

Διην.

0.16692

+39.06%