$ONG Down #Alert🔴
📍 Entry: 0.06834 — 0.07100
🛑 SL: 0.07800
🎯 TP1: 0.06532
🎯 TP2: 0.06314
🎯 TP3: 0.06212
🎯 TP4: 0.06000
Technical View:
The short-term framework outlines notable buyer exhaustion following an overextended, near-vertical expansion toward the upper resistance layers. The emergence of consecutive, sharp red distribution candles straight off the 0.07739 top highlights aggressive profit-taking from sellers. While immediate order book metrics show an initially defensive layout with 57.84% volume currently stacked on the Bid side, the sheer velocity of the downward rejection shows that market momentum has shifted locally. Additionally, the broader trend ceiling is heavily capped by the cascading Supertrend resistance baseline way up at 0.07602. Expect overhead selling pressure to limit minor recovery wicks, rolling the asset over to fill lower liquidity imbalances down toward its 0.06314 primary baseline support shelf.
#Write2Earn #EthereumStakingATH39.2METH #ETHStakingATH39.2M #BitcoinFallsTo13thLargestAsset $REQ
$OSMO
📍 Entry: 0.06834 — 0.07100
🛑 SL: 0.07800
🎯 TP1: 0.06532
🎯 TP2: 0.06314
🎯 TP3: 0.06212
🎯 TP4: 0.06000
Technical View:
The short-term framework outlines notable buyer exhaustion following an overextended, near-vertical expansion toward the upper resistance layers. The emergence of consecutive, sharp red distribution candles straight off the 0.07739 top highlights aggressive profit-taking from sellers. While immediate order book metrics show an initially defensive layout with 57.84% volume currently stacked on the Bid side, the sheer velocity of the downward rejection shows that market momentum has shifted locally. Additionally, the broader trend ceiling is heavily capped by the cascading Supertrend resistance baseline way up at 0.07602. Expect overhead selling pressure to limit minor recovery wicks, rolling the asset over to fill lower liquidity imbalances down toward its 0.06314 primary baseline support shelf.
#Write2Earn #EthereumStakingATH39.2METH #ETHStakingATH39.2M #BitcoinFallsTo13thLargestAsset $REQ
$OSMO
