$ON – Rejection from top, signs of distribution

Trading Plan Short $ON (max 10x)

Entry: 0.145 – 0.148

SL: 0.156

TP1: 0.132

TP2: 0.118

TP3: 0.102

Price got a strong rejection from 0.194 high and now losing momentum near short-term MAs. Structure shows potential lower high forming with selling pressure increasing after the spike. Likely pullback continuation if price stays below 0.156.

Trade $ON here 👇

ONBSC
ONUSDT
0.1866
+34.31%