$ON — REJECTION AT HIGHS, MOMENTUM COOLING

Short $ON

Entry: 0.1060 – 0.1100

SL: 0.1180

TP1: 0.0980

TP2: 0.0920

TP3: 0.0860

Price surged but is now facing strong selling pressure near the 0.12199 level. Buyers are struggling to push through as visible rejection wicks appear on recent attempts. Structure is starting to roll over with lower highs forming.

As long as stays below the supply zone, downside remains the path of least resistance.

Trade $ON here 👇

ONUSDT

Perp

0.11741

+8.35%