ANALYTICAL SETUP

$ONG

Contract: Perpetual Futures
Current Price: $0.11804

Market: Bearish

Market Note: Short-term structure remains weak below key 15m/1H resistance after the sharp rejection, giving sellers the stronger relative advantage despite 4H support holding.

Direction: Short

Entry: $0.1195–$0.1210
TP: $0.1170 / $0.1135 / $0.1090
SL: $0.1238

Key Levels

Main Resistance: $0.1200–$0.1233
Main Support: $0.1130–$0.1090

Trade Here: $ONG

Note: This setup reflects my personal observation based on available charts, technical indicators, and derivatives data. Market conditions can change rapidly, so outcomes may vary. Protect your capital, manage risk, trade with discipline, and DYOR.