💰 $ON – Momentum Spike, Short Setup Loading ⚠️


🔻 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 📉
ON20,81%
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GasFeeGrump
· 28m ago
Short positions are okay, but I’ll reduce the leverage to 5–10x to avoid getting wiped out by a single spike.
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HotAirBalloonViewingSchedule
· 4h ago
Stop loss at 0.1640. If it gets hit, don't hold on stubbornly; wait and observe for the second structure before making a move.
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ShortPositionsAtTheElevator
· 19h ago
Waiting for a false breakout near 0.161 to open a position again is more comfortable; chasing a short position directly can easily get squeezed into liquidity.
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MevBreakRoom
· 19h ago
If the 0.15 key level is broken and not recovered, 0.1435/0.138 should happen quickly.
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GoldfishUnderTheIce
· 19h ago
Staggered orders at 0.153/0.158/0.161 are a good idea; waiting for a pullback to confirm that 0.15 doesn't hold before adding more will be more stable.
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MultisigOnRocks
· 20h ago
This round of RSI 80+ is indeed very hot. I'm most afraid it will continue to rise, causing all the bears to get wiped out, and then it will drop again.
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GasFeeGambit
· 20h ago
20x is a bit aggressive, with a tight stop-loss at 0.164, be careful not to get wiped out.
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GaslightGardener
· 20h ago
I'm more concerned about whether 0.1492 can arrive first; if it does, take some profits early and don't be greedy for the longer targets later.
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MevTeaDrinker
· 20h ago
MACD expansion + vertical surge, a typical script of first boosting liquidity then pulling back, but it could also mean the strong trend continues; watch out for reversal signals.
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