ONG keeps a bearish stack across timeframes

🔴 SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT · Strong

Entry: 0.0794106 – 0.0795694
TP1: 0.0780182 (-1.9%)
TP2: 0.0770371 (-3.1%)
TP3: 0.0755653 (-4.9%)
SL: 0.0814524 (+2.5%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.

Why SHORT? 6/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 0.81)

The short version:
1. The daily trend is range, but the 4h trend is down with price below the 4h EMA50 and EMA200.
2. The 1h trend is down with price below the 1h EMA50 and EMA200, confirming the short-term move.
3. The idea is wrong if BTC reverses to bullish or if ONG breaks above the stop at 0.0814524.

Where is your invalidation level for this ONG short?

Levels mapped on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.