$ONG $ONGUSDT.P — SELLERS EYE THE NEXT LIQUIDITY ZONE
My 1H bias remains bearish as price continues forming lower highs and lower lows, with weekly structure and BTC also favoring the downside. The daily trend is still bullish, so this remains a counter-trend short that needs strong confirmation.
Key downside targets: TP1: 0.06518 TP2: 0.06400 TP3: 0.05157
Short Entry Zone: 0.07190–0.07308
The ideal setup is a sweep of the last lower high followed by a bearish engulfing candle, rejection pin, or lower-timeframe market structure shift. No confirmation, no chase.
Invalidation: A 1H close above 0.07190 would shift my bias bullish.
Patience matters here. Let price come to the setup instead of forcing the trade.
Not investment advice. Educational purposes only.
#ONG #ONGUSDT #CryptoTrading #AltcoinTrading #Binance
My 1H bias remains bearish as price continues forming lower highs and lower lows, with weekly structure and BTC also favoring the downside. The daily trend is still bullish, so this remains a counter-trend short that needs strong confirmation.
Key downside targets: TP1: 0.06518 TP2: 0.06400 TP3: 0.05157
Short Entry Zone: 0.07190–0.07308
The ideal setup is a sweep of the last lower high followed by a bearish engulfing candle, rejection pin, or lower-timeframe market structure shift. No confirmation, no chase.
Invalidation: A 1H close above 0.07190 would shift my bias bullish.
Patience matters here. Let price come to the setup instead of forcing the trade.
Not investment advice. Educational purposes only.
#ONG #ONGUSDT #CryptoTrading #AltcoinTrading #Binance