🔴 $ONG /USDT · Bias: SHORT
The 4h price sits below both EMAs in a bearish stack, pointing lower.
Entry: 0.0660044 – 0.0660956
TP1: 0.0651847 (-1.3%)
TP2: 0.0646078 (-2.2%)
TP3: 0.0637424 (-3.5%)
SL: 0.0672038 (+1.7%)
Why: The 4h trend shows price below EMA50 and EMA200, a bearish stack meaning the swing trend is down.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see this as a valid short entry?
The 4h price sits below both EMAs in a bearish stack, pointing lower.
Entry: 0.0660044 – 0.0660956
TP1: 0.0651847 (-1.3%)
TP2: 0.0646078 (-2.2%)
TP3: 0.0637424 (-3.5%)
SL: 0.0672038 (+1.7%)
Why: The 4h trend shows price below EMA50 and EMA200, a bearish stack meaning the swing trend is down.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see this as a valid short entry?
