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Cheers to all $ON Traders 🍺
3rd target successfully completed, shift stop-loss at tp2 👍
A TRADER perfectly catched Falling knife 👏
🔻 SHORT
✳️ ENTRY : 0.1530 - 0.1580 - 0.1610
🎯 TARGETS: 0.14920, 0.14350, 0.1380, 0.1320, 0.12250, 0.1100
🀄️ LEVERAGE: 20x
🔴 STOPLOSS: 0.1640
Clean impulsive move after consolidation, but now entering overheated zone
RSI pushing above 80 → buyers getting exhausted, while price approaching previous rejection area
MACD expansion shows momentum, but such vertical moves often lead to quick liquidity grabs before correction
If price fails to hold above 0.15 region, expect a sharp retracement toward 0.12 - 0.11 zone 📉