$ONG Bearish Trade Setup 📉
$ONG got rejected at the $0.0560 resistance line after losing momentum. Sellers are taking over, and the 4H chart points down toward lower support levels.
A clean break below $0.0550 should speed up the drop. Keep risk low due to high market swings.
Trade Type: Short / Sell
Entry: $0.05587
Take Profit 1 (TP1): $0.04998
Take Profit 2 (TP2): $0.04249
Stop Loss (SL): $0.06070
#BTCPerpFundingRateHits20MonthHigh #USPressesSouthKoreaToPrioritizeMemoryChips #DOJProbesA16zOverRivalAIBoardSeats $ONG
$ONG got rejected at the $0.0560 resistance line after losing momentum. Sellers are taking over, and the 4H chart points down toward lower support levels.
A clean break below $0.0550 should speed up the drop. Keep risk low due to high market swings.
Trade Type: Short / Sell
Entry: $0.05587
Take Profit 1 (TP1): $0.04998
Take Profit 2 (TP2): $0.04249
Stop Loss (SL): $0.06070
#BTCPerpFundingRateHits20MonthHigh #USPressesSouthKoreaToPrioritizeMemoryChips #DOJProbesA16zOverRivalAIBoardSeats $ONG