$ONG SHORT — REJECTION AFTER A MASSIVE PUMP
$ONG USDT has surged over 76% from the recent low, but the 1H chart is now showing a clear rejection from $0.1605. Price has pulled back to around $0.1122, with sellers gaining short-term control.
SHORT SETUP
Entry: $0.1140 – $0.1180
TP1: $0.1050
TP2: $0.0960
TP3: $0.0850
SL: $0.1245
Key Level: $0.1245
As long as price remains below $0.1245, the short setup remains valid. A reclaim above that level would weaken the bearish setup.
Trade with proper risk management.
$ONG USDT has surged over 76% from the recent low, but the 1H chart is now showing a clear rejection from $0.1605. Price has pulled back to around $0.1122, with sellers gaining short-term control.
SHORT SETUP
Entry: $0.1140 – $0.1180
TP1: $0.1050
TP2: $0.0960
TP3: $0.0850
SL: $0.1245
Key Level: $0.1245
As long as price remains below $0.1245, the short setup remains valid. A reclaim above that level would weaken the bearish setup.
Trade with proper risk management.