🔴 $ONG /USDT · Bias: SHORT
ONG is in a bearish stack and the short-term trend is down.

Entry: 0.0653640 – 0.0657360
TP1: 0.0627374 (-4.3%)
TP2: 0.0608623 (-7.2%)
TP3: 0.0580497 (-11.4%)
SL: 0.0693002 (+5.7%)

Why: The 4h trend shows price below EMA50 below EMA200, a bearish stack meaning the swing trend is down.
Risk: Price is washed out, bounces are common from here (1h RSI 23.6, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Do you see ONG continuing lower from here?


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