$ON USDT Breakdown After Rejection 📉 Bearish Continuation Likely

**Trade Setup: Short**

Entry Zone: 0.1320 – 0.1360 🎯
TP1: 0.1200
TP2: 0.1050
TP3: 0.0900
SL: 0.1450 🛑

$ON USDT experienced a strong rejection from recent highs, marked by a sharp bearish engulfing candle. This price action confirms significant exhaustion after its previous pump.

Momentum has now clearly flipped bearish, indicating a high probability of continuation towards lower support zones. Traders should exercise caution and manage risk effectively.