$ON has surged over 23% recently but is showing signs of short-term exhaustion near 0.160 – 0.162. Price is retracing from highs, and sellers are stepping in, creating a strong opportunity for a controlled short trade as momentum shifts temporarily in favor of the bears.

Short Trade Setup:

Entry Zone: 0.1560 – 0.1570

Take Profit 1: 0.1500

Take Profit 2: 0.1450

Take Profit 3: 0.1400

Stop Loss (SL): 0.1600

Buy now and trade here on $ON

ONBSC
ONUSDT
0.0908
-45.74%

#ON #CryptoTrading #ShortTrade #PerpTrading #OilPricesDrop