$ON USDT is showing a strong bearish continuation after breaking below the recent support zone. Selling pressure has intensified, confirming lower highs and a clear descending structure. The pair failed to hold above the $0.185 level, and momentum now favors further downside movement as sellers dominate the short-term trend.

Trade Setup:

• Short Entry: 0.1790 – 0.1810

• Target 1: 0.1720

• Target 2: 0.1660

• Target 3: 0.1580

• Stop Loss: 0.1855

Bearish sentiment remains strong, and unless $ON USDT reclaims $0.185, further decline is likely. Caution is advised for long positions.