Guy's $ONG looks too much overextended so I'm chasing a short here
Short $ONG
Entry: 0.145 - 0.165
SL: 0.175
TP1: 0.138
TP2: 0.130
TP3: 0.120
TP4: 0.110
Why: ONG has pumped over 125% and is now trading close to the 0.1605 resistance zone. After such a massive move, price is showing signs of rejection near the highs while volume and momentum are starting to cool. A rejection around 0.145-0.155 could trigger a short-term correction toward the previous support and MA(25) zone.
📩 DM me on X to know how to join my premium group for high quality trade setups.
#Altcoin Season# #Macro Insights#
Short $ONG
Entry: 0.145 - 0.165
SL: 0.175
TP1: 0.138
TP2: 0.130
TP3: 0.120
TP4: 0.110
Why: ONG has pumped over 125% and is now trading close to the 0.1605 resistance zone. After such a massive move, price is showing signs of rejection near the highs while volume and momentum are starting to cool. A rejection around 0.145-0.155 could trigger a short-term correction toward the previous support and MA(25) zone.
📩 DM me on X to know how to join my premium group for high quality trade setups.
#Altcoin Season# #Macro Insights#