🚨 $ONG FACES HEAVY SUPPLY REJECTION AT KEY RESISTANCE AS PULLBACK UNFOLDS! 📉
Entry: 0.0597 - 0.0610 🔴
Target: 0.0570 - 0.0515 🎯
Stop Loss: 0.0648 ⚠️
$ONG is displaying clear structural exhaustion following a fierce rally into the $0.0640 overhead resistance zone. Institutional sellers have aggressively stepped in, leaving distinctive upper wicks that signal smart money distribution rather than organic breakout continuation. 🔍
Momentum is shifting rapidly, with lower timeframe candles favoring a deeper corrective leg. 📊 A clean breakdown below the $0.0590 key structural pivot will accelerate downside expansion toward lower demand pockets.
💬 Are you taking the short positioning here or waiting for $0.0590 support to shatter first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #Bearish #Crypto
📉 🐻
Entry: 0.0597 - 0.0610 🔴
Target: 0.0570 - 0.0515 🎯
Stop Loss: 0.0648 ⚠️
$ONG is displaying clear structural exhaustion following a fierce rally into the $0.0640 overhead resistance zone. Institutional sellers have aggressively stepped in, leaving distinctive upper wicks that signal smart money distribution rather than organic breakout continuation. 🔍
Momentum is shifting rapidly, with lower timeframe candles favoring a deeper corrective leg. 📊 A clean breakdown below the $0.0590 key structural pivot will accelerate downside expansion toward lower demand pockets.
💬 Are you taking the short positioning here or waiting for $0.0590 support to shatter first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #Bearish #Crypto
📉 🐻