$ON USDT Breakdown After Rejection ๐ Bearish Continuation Likely
**Trade Setup: Short**
Entry Zone: 0.1320 โ 0.1360 ๐ฏ
TP1: 0.1200
TP2: 0.1050
TP3: 0.0900
SL: 0.1450 ๐
$ON USDT experienced a strong rejection from recent highs, marked by a sharp bearish engulfing candle. This price action confirms significant exhaustion after its previous pump.
Momentum has now clearly flipped bearish, indicating a high probability of continuation towards lower support zones. Traders should exercise caution and manage risk effectively.