$ONG just reclaimed a level bears fought hard for. 1H long setup
$ONG · LONG · Conf 65%
Trade Plan:
Entry: 0.09717 - 0.10007
SL: 0.08094
TP1: 0.1083
TP2: 0.18501
TP3: 0.195
R:R about 4.9 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
ONG/USDT 0.10007, +33.49% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 62.3 with volume x0.00 against the 20-bar average.
- Invalidation is unambiguous: through 0.08094 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.08442 · 0.083 · 0.07921 | R 0.1083 · 0.18501 · 0.195
Debate:
RSI at 62: fuel for the squeeze, or the tell that only late buyers are left?
Trade ONG: spot https://www.binance.com/en/trade/ONG_USDT | futures https://www.binance.com/en/futures/ONGUSDT
$ONG #ONG #Write2Earn #TechnicalAnalysis #TradingSignals
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
$ONG · LONG · Conf 65%
Trade Plan:
Entry: 0.09717 - 0.10007
SL: 0.08094
TP1: 0.1083
TP2: 0.18501
TP3: 0.195
R:R about 4.9 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
ONG/USDT 0.10007, +33.49% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 62.3 with volume x0.00 against the 20-bar average.
- Invalidation is unambiguous: through 0.08094 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.08442 · 0.083 · 0.07921 | R 0.1083 · 0.18501 · 0.195
Debate:
RSI at 62: fuel for the squeeze, or the tell that only late buyers are left?
Trade ONG: spot https://www.binance.com/en/trade/ONG_USDT | futures https://www.binance.com/en/futures/ONGUSDT
$ONG #ONG #Write2Earn #TechnicalAnalysis #TradingSignals
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
