🔴$ONG /USDT — SHORT
Situation: Support breakdown, bearish continuation
Bias: SHORT · Dominant bearish structure
Entry: 0.06940 – 0.06960
TP1: 0.06800 (-2.1%)
TP2: 0.06700 (-3.6%)
TP3: 0.06600 (-5.0%)
SL: 0.07050 (+1.4%)
Plan: Enter only in the zone; close 50% at TP1, 25% at TP2, 25% at TP3 → move SL to entry after TP1
Why SHORT?
Rejection from the 0.07580 zone with a sustained decline
Broke key support with rising volume → selling confirmation
Order book: 68.76% demand vs. 31.24% supply ⚠️ but price is falling = buying is being absorbed without strength
-6.40% today / -11.81% in 7 days → bearish momentum intact
Read: As long as it doesn't break above 0.07050, bounces = sell. Losing 0.06800 confirms 0.06700–0.06600; reclaiming 0.07150 invalidates the plan.
#Binance
Situation: Support breakdown, bearish continuation
Bias: SHORT · Dominant bearish structure
Entry: 0.06940 – 0.06960
TP1: 0.06800 (-2.1%)
TP2: 0.06700 (-3.6%)
TP3: 0.06600 (-5.0%)
SL: 0.07050 (+1.4%)
Plan: Enter only in the zone; close 50% at TP1, 25% at TP2, 25% at TP3 → move SL to entry after TP1
Why SHORT?
Rejection from the 0.07580 zone with a sustained decline
Broke key support with rising volume → selling confirmation
Order book: 68.76% demand vs. 31.24% supply ⚠️ but price is falling = buying is being absorbed without strength
-6.40% today / -11.81% in 7 days → bearish momentum intact
Read: As long as it doesn't break above 0.07050, bounces = sell. Losing 0.06800 confirms 0.06700–0.06600; reclaiming 0.07150 invalidates the plan.
#Binance
