ONG is range-bound, yet the stack says short.

🔴 SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.0744648 – 0.0747352
TP1: 0.0717849 (-3.8%)
TP2: 0.0699081 (-6.3%)
TP3: 0.0670930 (-10.1%)
SL: 0.0783535 (+5.0%)
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? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 32.8)
Risk: Buyers are pushing right now (+0.17% 15m candle)

Q: Why short when the daily trend is a range?
A: The 4h and 1h trends both show bearish stacks.

Q: What makes this setup wrong right now?
A: The 15m RSI z-score of 1.97 shows buyers are pressing.

Where do you set your stop for ONG?

Full setup on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.