$ON (USDT)
Timeframe: 1H / 4H
Bias: SHORT
Structure: Dead cat bounce into resistance / liquidity grab
Entry:
0.1100 – 0.1180
Targets:
1️⃣ 0.0950
2️⃣ 0.0800
Invalidation:
Close above 0.1250
Leverage: 5x–12x (momentum rejection play)
🔮 Market Read:
Recent bounce lacks structural shift and appears to be a relief move into overhead supply. Price is reacting near resistance where prior breakdown originated.
As long as 0.1180–0.1250 caps upside, continuation toward 0.0950 liquidity is favored.
Acceptance above 0.1250 → rejection thesis invalidated.
Sell strength. Respect risk.
Trade $ON Here 👇👇
ONUSDT
Διην.
0.09638
+4.18%