ONG is fighting a steep sell-off, locked around the 0.0125 level after a rapid pullback. Momentum is turning bearish as each higher low crumbles.
🔴 $ONG SHORT 📉
Entry → $0.133027-$0.133293
Stop → $0.137155 (-3.0%)
TP1 → $0.131163 (+1.5%)
TP2 → $0.126502 (+5.0%)
R/R 1:1.7 • Confidence 65%
A change of character broke the prior swing high, the CHoCH signaled the flip, while the CVD turned negative confirming the flow. The fair value gap sits right above the current price and an order block aligns with it, creating a POI where the OB and FVG overlap. The structure now shows lower highs and lower lows, setting the stage for a short swing.
A 3.0% stop is relatively tight, so keep leverage modest - around 2-3x.
Take half profit near the first target around 0.0108 to lock in gains.
As always: manage your risk, this is not financial advice 🙏
$ONG #ONGUSDT #SMC #TradingSignals #Write2Earn
🔴 $ONG SHORT 📉
Entry → $0.133027-$0.133293
Stop → $0.137155 (-3.0%)
TP1 → $0.131163 (+1.5%)
TP2 → $0.126502 (+5.0%)
R/R 1:1.7 • Confidence 65%
A change of character broke the prior swing high, the CHoCH signaled the flip, while the CVD turned negative confirming the flow. The fair value gap sits right above the current price and an order block aligns with it, creating a POI where the OB and FVG overlap. The structure now shows lower highs and lower lows, setting the stage for a short swing.
A 3.0% stop is relatively tight, so keep leverage modest - around 2-3x.
Take half profit near the first target around 0.0108 to lock in gains.
As always: manage your risk, this is not financial advice 🙏
$ONG #ONGUSDT #SMC #TradingSignals #Write2Earn