šØ $ONG ROLLS OVER AS HEAVY EMA RESISTANCE CRUSHES THE BOUNCE! š
Entry: 0.0705303 - 0.0706897 ā”
Target: 0.0659459 šÆ
Stop Loss: 0.0729420 š
š The multi-timeframe trend on $ONG has fractured completely, with price pinned underneath both the 50 and 200 EMAs across the 1H and 4H charts. š A brutal 15m ADX print of 39.7 signals sheer directional exhaustion among buyers as aggressive sellers dictate the order flow.
š” Any relief bid here is running straight into thick overhead supply, while momentum indicators point toward an extended cascade into lower liquidity pockets. š¬ Are you shorting this breakdown into the targets or waiting for a relief retest first? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #ONG #ShortSetup #CryptoTrading #Bearish #PriceAction
š» š
Entry: 0.0705303 - 0.0706897 ā”
Target: 0.0659459 šÆ
Stop Loss: 0.0729420 š
š The multi-timeframe trend on $ONG has fractured completely, with price pinned underneath both the 50 and 200 EMAs across the 1H and 4H charts. š A brutal 15m ADX print of 39.7 signals sheer directional exhaustion among buyers as aggressive sellers dictate the order flow.
š” Any relief bid here is running straight into thick overhead supply, while momentum indicators point toward an extended cascade into lower liquidity pockets. š¬ Are you shorting this breakdown into the targets or waiting for a relief retest first? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #ONG #ShortSetup #CryptoTrading #Bearish #PriceAction
š» š
