🔴
$ONG SLIDING AS BTC SURGES – SHORT SETUP ALERT 📉
Entry: 0.07448‑0.07464 ⚡
Target: 0.07306 🎯
Target: 0.07206 🎯
Target: 0.07056 🎯
Stop Loss: 0.07656 ⚠️
📊 The 4‑hour chart paints a bearish stack: price under EMA‑50/200, RSI hovering at 44, and a clear downtrend on both 4H and 1H. 🔍 BTC’s rally is strong (corr 0.76) but
$ONG historically trails, feeding liquidity to the short side.
📌 Sellers have already absorbed the demand zone, and the stop‑loss sits just above the recent swing high, offering a tidy risk profile. 🌊 Position size light, lock‑in half at TP1, then scale out.
💬 How are you positioning your stop on
$ONG given BTC’s upward bias? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️
#ONG #ShortSetup #Crypto #TechnicalAnalysis 🦈 🔥