$ONG has suffered a massive breakdown after the parabolic spike. The 4H structure is now bearish, with price struggling to reclaim the $0.085–$0.090 area.
SHORT
Entry: $0.0840–$0.0890
SL: $0.0980
TP1: $0.0700
TP2: $0.0591
TP3: $0.0404
Why? The momentum has completely shifted after the rejection from the highs. A lower-high structure could drive $ONG toward the previous breakout support zones.
Click here to Trade 👇️
SHORT
Entry: $0.0840–$0.0890
SL: $0.0980
TP1: $0.0700
TP2: $0.0591
TP3: $0.0404
Why? The momentum has completely shifted after the rejection from the highs. A lower-high structure could drive $ONG toward the previous breakout support zones.
Click here to Trade 👇️