HEAVY SELL VOLUME FLOODS $ONG AS BIDS EVAPORATE FOR A DEEP RETRACE! 🔻 📉
Target: 0.08 🎯
Stop Loss: 0.17 ⚠️
Heavy distribution volume is flooding $ONG order books after the initial liquidity spike exhausted late buyers. 📊 Sellers are in full control, aggressively hammering bids as overhead supply pushes price down toward lower demand levels.
With short-term momentum shifting decisively lower, the order flow paints a clear picture of aggressive distribution. ⚡ Expect elevated volatility as thin support levels break down under seller pressure.
💬 Are you shorting this breakdown, or waiting for a dead-cat bounce to position? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #Crypto #Bearish #Trading
🔻 🐻
Target: 0.08 🎯
Stop Loss: 0.17 ⚠️
Heavy distribution volume is flooding $ONG order books after the initial liquidity spike exhausted late buyers. 📊 Sellers are in full control, aggressively hammering bids as overhead supply pushes price down toward lower demand levels.
With short-term momentum shifting decisively lower, the order flow paints a clear picture of aggressive distribution. ⚡ Expect elevated volatility as thin support levels break down under seller pressure.
💬 Are you shorting this breakdown, or waiting for a dead-cat bounce to position? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #Crypto #Bearish #Trading
🔻 🐻