$ONG - SHORT
Entry Zone: 0.0845 – 0.0875
Stop Loss: 0.0945
Take Profit Targets:
TP1: 0.078
TP2: 0.0720
TP3: 0.0650
Why This Setup?
The vertical pump was narrative + FOMO driven. After such an overextended move, mean-reversion and profit-taking are the highest-probability short-term outcome. Lower timeframe structure, MA alignment, and volume profile all favor continuation of the correction toward the 0.07–0.06 demand zone before any potential higher-timeframe bounce.
#ONGUSDT #CryptoTrading #BinanceFutures #ShortSignal #TechnicalAnalysis
$TRX
$RE