Hey guys $ONG prepare an exciting short scenario to pressure the short 🔥
Entry: 0.0868 - 0.0873
🎯 Target 1: 0.0895
🎯 Target 2: 0.0920
The structure is trending upward with full alignment of the moving averages in favor of the bullish direction. Shorts are crowded at a rate above 59% while funding is negative, giving buyers fuel to push the price through the immediate resistance.
If the price holds above the structure, we may see a swift push toward 0.0895.
Let’s see how things unfold 👀
$ONG
Entry: 0.0868 - 0.0873
🎯 Target 1: 0.0895
🎯 Target 2: 0.0920
The structure is trending upward with full alignment of the moving averages in favor of the bullish direction. Shorts are crowded at a rate above 59% while funding is negative, giving buyers fuel to push the price through the immediate resistance.
If the price holds above the structure, we may see a swift push toward 0.0895.
Let’s see how things unfold 👀
$ONG