High-odds moments—I choose to take a side in the divergence, not to get swept up by emotions. $ONG is exactly the kind of situation we’re in right now—on the daily chart things still look strong, but on the hourly timeframe price is already grinding along at the upper band. The 15-minute RSI has dropped to a low level, and volume hasn’t kept up. Have you noticed that every time price pushes higher, it’s kind of soft and weak? With this kind of structure, I lean toward a pullback because it’s clear the bulls don’t have enough strength.
We don’t trade by gambling on direction—we wait for the structure to give the signal. As long as resistance above isn’t broken, the downside targets have a chance to be achieved. There may be a rebound, but it won’t change the bearish tempo.
🔴 Trade Direction: Short
📍 Entry Range: 0.0791013 – 0.0793434
🛑 Stop Loss: 0.0820962
🎯 Take Profit 1: 0.0770670
🎯 Take Profit 2: 0.0756301
🎯 Take Profit 3: 0.0734747
In still waters, deep intentions hide far-reaching insight; when markets rise and fall, calm prevails.
Join “Fei Jie” and read the pulse of the surging wealth.
#ONG
Click below to trade 👇
We don’t trade by gambling on direction—we wait for the structure to give the signal. As long as resistance above isn’t broken, the downside targets have a chance to be achieved. There may be a rebound, but it won’t change the bearish tempo.
🔴 Trade Direction: Short
📍 Entry Range: 0.0791013 – 0.0793434
🛑 Stop Loss: 0.0820962
🎯 Take Profit 1: 0.0770670
🎯 Take Profit 2: 0.0756301
🎯 Take Profit 3: 0.0734747
In still waters, deep intentions hide far-reaching insight; when markets rise and fall, calm prevails.
Join “Fei Jie” and read the pulse of the surging wealth.
#ONG
Click below to trade 👇