ONG keeps selling below EMA50.
🔴 SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0750163 – 0.0752037
TP1: 0.0735648 (-2.1%)
TP2: 0.0725347 (-3.4%)
TP3: 0.0709894 (-5.5%)
SL: 0.0771703 (+2.7%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? ONG checklist: 3/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 41.6)
Watch: The idea is wrong if price reaches the stop at 0.0771703
Bottom line: The 4h trend is down with price below EMA50 and EMA200, which means the swing is bearish. The 1h trend is also down, and 4h RSI is below 45, showing sellers have momentum. However, conviction is moderate because some factors disagree.
Do you see a better short level?
🔴 SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0750163 – 0.0752037
TP1: 0.0735648 (-2.1%)
TP2: 0.0725347 (-3.4%)
TP3: 0.0709894 (-5.5%)
SL: 0.0771703 (+2.7%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? ONG checklist: 3/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 41.6)
Watch: The idea is wrong if price reaches the stop at 0.0771703
Bottom line: The 4h trend is down with price below EMA50 and EMA200, which means the swing is bearish. The 1h trend is also down, and 4h RSI is below 45, showing sellers have momentum. However, conviction is moderate because some factors disagree.
Do you see a better short level?
