$ONG The Pump Is Fading, Sellers Are Taking Control ⚠️
$ONG made an explosive move toward $0.26, but the rejection was brutal. Price has now fallen back toward $0.12 and is struggling to recover, while the 1H structure remains heavily bearish after the sharp breakdown.
Short Entry: $0.1200–$0.1250
Stop Loss: $0.1360
Target 1: $0.1100
Target 2: $0.1000
Target 3: $0.0920
The main resistance zone is around $0.1250–$0.1360. A weak bounce into this area followed by rejection could give sellers another opportunity. If $0.1100 breaks with volume, the move toward $0.10 and potentially $0.0920 becomes more likely.
⚠️$ONG is extremely volatile after that massive pump, so avoid chasing the move and keep the position size controlled. A sustained reclaim above $0.1360 would weaken this short setup.
#KospiClosesAtRecordHigh #ChinaOpposesUSProposed7.5%Tariff #NvidiaRises4%OnRevenueBeat
$ONG made an explosive move toward $0.26, but the rejection was brutal. Price has now fallen back toward $0.12 and is struggling to recover, while the 1H structure remains heavily bearish after the sharp breakdown.
Short Entry: $0.1200–$0.1250
Stop Loss: $0.1360
Target 1: $0.1100
Target 2: $0.1000
Target 3: $0.0920
The main resistance zone is around $0.1250–$0.1360. A weak bounce into this area followed by rejection could give sellers another opportunity. If $0.1100 breaks with volume, the move toward $0.10 and potentially $0.0920 becomes more likely.
⚠️$ONG is extremely volatile after that massive pump, so avoid chasing the move and keep the position size controlled. A sustained reclaim above $0.1360 would weaken this short setup.
#KospiClosesAtRecordHigh #ChinaOpposesUSProposed7.5%Tariff #NvidiaRises4%OnRevenueBeat
