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$ON is showing signs of short term exhaustion after an extended bullish rally
Short $ON
Entry: 0.190 – 0.200
SL: 0.220
TP1: 0.1850
TP2: 0.1740
TP3: 0.1680
TP4: 0.1600
Why:
ON has rallied aggressively in a short period and is now facing rejection near the 0.193 resistance zone. Momentum indicators are cooling off while volume shows increasing sell pressure near local highs. If price fails to reclaim the recent peak and loses the 0.180 support area, a deeper pullback toward lower support zones becomes likely.
📩 DM me to know how to join my premium group for high quality trade setups
Trade $ON here 👇
{future}(ONUSDT)