ONG is slumping under pressure as Binance Square’s short signal lights up. The token’s price is hugging a tight range after a recent pullback.
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🔴 $ONG SHORT 📉
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📍 Entry Range: $0.068062 – $0.068198
🛑 Stop Loss: $0.070174 (-3.0%)
🎯 TP1: $0.067108 (+1.5%)
🏆 TP2: $0.064723 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The market structure broke lower, delivering a clear Change of Character, while the CVD turned bearish confirming the move. A fair value gap sits right below the break, overlapped by an order block that also acted as a liquidity sweep, giving a strong POI confluence. With confidence at 64% and a 1:1.7 risk‑reward, the short looks textbook.
A 3.0% stop is relatively tight, so keep leverage modest—around 2‑3x—to avoid liquidation on a small bounce.
Take half profit at the first target to lock in gains while the trade runs toward TP1.
As always: manage your risk, this is not financial advice 🙏
$ONG #ONGUSDT #SMC #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $ONG SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.068062 – $0.068198
🛑 Stop Loss: $0.070174 (-3.0%)
🎯 TP1: $0.067108 (+1.5%)
🏆 TP2: $0.064723 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke lower, delivering a clear Change of Character, while the CVD turned bearish confirming the move. A fair value gap sits right below the break, overlapped by an order block that also acted as a liquidity sweep, giving a strong POI confluence. With confidence at 64% and a 1:1.7 risk‑reward, the short looks textbook.
A 3.0% stop is relatively tight, so keep leverage modest—around 2‑3x—to avoid liquidation on a small bounce.
Take half profit at the first target to lock in gains while the trade runs toward TP1.
As always: manage your risk, this is not financial advice 🙏
$ONG #ONGUSDT #SMC #TradingSignals #Write2Earn