🔴 $ONG FACING HEAVY SELLER WALL AS 4H EMA STACK REJECTS PRICE! 📉
Entry: 0.0596126 - 0.0598674 ⚡
Target: 0.0574801 🚀
Stop Loss: 0.0627532 ⚠️
Sellers are firmly in control of the macro trend here, pressing down hard from the descending moving average resistance. 📊 Even with relative strength popping against the broader market earlier, overhead supply is proving too heavy to absorb. ⚡
Momentum oscillators are rolling over as distribution intensifies near key local resistance zones. 🔍 Are you positioning for this continuation down to the lower targets or waiting for a deeper liquidity sweep first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #Crypto #Bearish #Trading
🐻 🩸
Entry: 0.0596126 - 0.0598674 ⚡
Target: 0.0574801 🚀
Stop Loss: 0.0627532 ⚠️
Sellers are firmly in control of the macro trend here, pressing down hard from the descending moving average resistance. 📊 Even with relative strength popping against the broader market earlier, overhead supply is proving too heavy to absorb. ⚡
Momentum oscillators are rolling over as distribution intensifies near key local resistance zones. 🔍 Are you positioning for this continuation down to the lower targets or waiting for a deeper liquidity sweep first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #Crypto #Bearish #Trading
🐻 🩸
