$ONG
🚨 Did you know that ONG buy orders are 61.42%, but net flow is negative -5.49M?
The price is now 0.10378$ after a drop of 3.05%, with a high of 0.11063$ and a low of 0.09511$. RSI is at 42.44 in the oversold zone, and the three averages (EMA50 0.09959, EMA200 0.10016, SuperTrend 0.10008) are all below the current price. Strange! The price is above the averages, but the indicators say the market is weak.
Now, let us uncover the puzzle:
Whales are selling -2.51M, mid-sized traders -3.42M, while small traders are buying only +0.44M. So who is pushing the price up? Total buying is 44.01M مقابل selling 49.49M, meaning selling exceeds buying by 5.49M. Yet the price rises above the averages! Could this be due to fake buy orders?
Leverage is at 41.18, borrowing debt is growing by 5.77%, and concentration at 3.67% is stable. The market is not heavily leveraged, but debt is increasing, which may add pressure.
The surprising scenarios:
· If the contradiction between orders and flows continues, we may see a breakout of 0.10989 toward 0.11063.
· If the illusion is exposed, breaking 0.10008 (SuperTrend) could pull the price to 0.09959 or 0.09511.
In the end, who is buying so strongly despite the selling by large players, and what do they know about the market that we do not?
#Ong #CryptoAnalysis #TradingSignals #crypto #cryptotrade
🚨 Did you know that ONG buy orders are 61.42%, but net flow is negative -5.49M?
The price is now 0.10378$ after a drop of 3.05%, with a high of 0.11063$ and a low of 0.09511$. RSI is at 42.44 in the oversold zone, and the three averages (EMA50 0.09959, EMA200 0.10016, SuperTrend 0.10008) are all below the current price. Strange! The price is above the averages, but the indicators say the market is weak.
Now, let us uncover the puzzle:
Whales are selling -2.51M, mid-sized traders -3.42M, while small traders are buying only +0.44M. So who is pushing the price up? Total buying is 44.01M مقابل selling 49.49M, meaning selling exceeds buying by 5.49M. Yet the price rises above the averages! Could this be due to fake buy orders?
Leverage is at 41.18, borrowing debt is growing by 5.77%, and concentration at 3.67% is stable. The market is not heavily leveraged, but debt is increasing, which may add pressure.
The surprising scenarios:
· If the contradiction between orders and flows continues, we may see a breakout of 0.10989 toward 0.11063.
· If the illusion is exposed, breaking 0.10008 (SuperTrend) could pull the price to 0.09959 or 0.09511.
In the end, who is buying so strongly despite the selling by large players, and what do they know about the market that we do not?
#Ong #CryptoAnalysis #TradingSignals #crypto #cryptotrade