The SOL setup I shared earlier played out profitably, and we secured a solid gain from that move. This isn’t a giveaway signal—the undercurrents are speaking. $ONG The four-hour trend is clearly moving downward, with price staying below the moving averages and showing little strength in its rebounds.
Don’t be fooled by one or two bullish candles. Volume hasn’t picked up, so chasing the move could leave you buying halfway up. Let’s focus on the structure: the moving averages remain firmly aligned bearishly, and the rebound looks more like an opportunity for bears to step in. The short-term drop has been a little sharp, so a bounce could come at any time. But as long as price can’t reclaim the key level, the downward momentum remains intact. I’d rather follow the trend and wait for a pullback.
🔴 Trade direction: Short
📍 Entry range: 0.0653566 – 0.0657285
🛑 Stop-loss: 0.0692923
🎯 Take-profit 1: 0.0627303
🎯 Take-profit 2: 0.0608554
🎯 Take-profit 3: 0.0580431
There’s no need to chase the latest trend; the right opportunity will come along.
Stand alongside Sister Li, and let every moment resonate.
#ONG
Click below to trade 👇
Don’t be fooled by one or two bullish candles. Volume hasn’t picked up, so chasing the move could leave you buying halfway up. Let’s focus on the structure: the moving averages remain firmly aligned bearishly, and the rebound looks more like an opportunity for bears to step in. The short-term drop has been a little sharp, so a bounce could come at any time. But as long as price can’t reclaim the key level, the downward momentum remains intact. I’d rather follow the trend and wait for a pullback.
🔴 Trade direction: Short
📍 Entry range: 0.0653566 – 0.0657285
🛑 Stop-loss: 0.0692923
🎯 Take-profit 1: 0.0627303
🎯 Take-profit 2: 0.0608554
🎯 Take-profit 3: 0.0580431
There’s no need to chase the latest trend; the right opportunity will come along.
Stand alongside Sister Li, and let every moment resonate.
#ONG
Click below to trade 👇