đ $ONG BREAKS STRUCTURE AS SELLERS TIGHTEN THEIR GRIP ON THE ORDER BOOK đš
Entry: 0.0822565 - 0.0824835 âĄ
Target: 0.0804603 đŻ
Stop Loss: 0.0849162 đ
đ The bleed continues as $ONG trades submerged below both the 50 and 200 EMAs across the 1H and 4H timeframes. đ Order flow shows persistent distribution, with the 4H RSI pinned down near 40.4 as sellers dictate every auction.
đĄ Supply is absorbing every intraday bounce, leaving downside liquidity completely exposed below local support. đŹ Are you pressing the short into this breakdown or waiting for a relief squeeze into the moving averages? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ONG #ShortSetup #Bearish #PriceAction #Crypto
đŻ đ»
Entry: 0.0822565 - 0.0824835 âĄ
Target: 0.0804603 đŻ
Stop Loss: 0.0849162 đ
đ The bleed continues as $ONG trades submerged below both the 50 and 200 EMAs across the 1H and 4H timeframes. đ Order flow shows persistent distribution, with the 4H RSI pinned down near 40.4 as sellers dictate every auction.
đĄ Supply is absorbing every intraday bounce, leaving downside liquidity completely exposed below local support. đŹ Are you pressing the short into this breakdown or waiting for a relief squeeze into the moving averages? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ONG #ShortSetup #Bearish #PriceAction #Crypto
đŻ đ»