đ $ONG FACES CONTINUED DISTRIBUTION AS INTRADAY MARKET STRUCTURE BREAKS LOWER đ»
Entry: 0.0822565 â 0.0824835 âĄ
Target: 0.0804603 đŻ
Stop Loss: 0.0849162 â ïž
đ Price action on $ONG continues to print lower highs and lower lows across both 1H and 4H frames, remaining pinned below the 50 and 200 EMAs. đ Bearish momentum is firmly intact with 4H RSI hovering at 40.4, reflecting methodical institutional distribution rather than retail capitulation.
đ The sell zone between 0.0822565 and 0.0824835 presents a clear supply retest to target liquidity resting down at 0.0804603, while structure remains invalid above 0.0849162. đ€ Are you leaning short into this supply test, or waiting for a reclaim of the moving averages? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ONG #ShortSetup #Trading #Crypto #MarketStructure
đŻ đŠ
Entry: 0.0822565 â 0.0824835 âĄ
Target: 0.0804603 đŻ
Stop Loss: 0.0849162 â ïž
đ Price action on $ONG continues to print lower highs and lower lows across both 1H and 4H frames, remaining pinned below the 50 and 200 EMAs. đ Bearish momentum is firmly intact with 4H RSI hovering at 40.4, reflecting methodical institutional distribution rather than retail capitulation.
đ The sell zone between 0.0822565 and 0.0824835 presents a clear supply retest to target liquidity resting down at 0.0804603, while structure remains invalid above 0.0849162. đ€ Are you leaning short into this supply test, or waiting for a reclaim of the moving averages? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ONG #ShortSetup #Trading #Crypto #MarketStructure
đŻ đŠ