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$ONUS Strong rally to a key resistance level, overbought signals are strong, and buying momentum is showing signs of fatigue.
Go short on $ONUS.
Entry: 0.07900 – 0.07920
Stop Loss: 0.08050
First Target: 0.07750
Second Target: 0.06900
Third Target: 0.06700
The upward momentum has encountered solid resistance at the top, and the RSI indicator has entered the extreme overbought zone, indicating that buyer strength may be waning. Although increased volume supports this rally, such extreme overbought conditions often represent the madness at the end of a trend rather than sustainable momentum. The price appears heavy at high levels, and selling pressure could emerge at any moment, triggering a deep technical correction.
Trading $ONUS opportunity is here 👇