🚨 $ONG BREAKS STRUCTURAL SUPPORT AS INSTITUTIONAL SELLER FLOW INTENSIFIES 📉
Entry: 0.0822524 – 0.0825076 ⚡
Target: 0.0767982 🎯
Stop Loss: 0.0851709 🛑
📌 Multiple timeframe analysis confirms a decisive structural breakdown for $ONG , with price sustaining firmly below both the 50 and 200 EMAs across the 1H and 4H horizons. 🌊 Persistent supply is dominating this supply retest as the 15-minute ADX crosses 29.2, confirming sustained distribution momentum.
💡 Optimal execution favors de-risking at lower intermediate targets before letting runner positions sweep liquidity into the macro floor. 💬 Are you taking the short continuation here or anticipating a dead-cat bounce first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #PriceAction #CryptoTrading #Bearish
🎯 🦈
Entry: 0.0822524 – 0.0825076 ⚡
Target: 0.0767982 🎯
Stop Loss: 0.0851709 🛑
📌 Multiple timeframe analysis confirms a decisive structural breakdown for $ONG , with price sustaining firmly below both the 50 and 200 EMAs across the 1H and 4H horizons. 🌊 Persistent supply is dominating this supply retest as the 15-minute ADX crosses 29.2, confirming sustained distribution momentum.
💡 Optimal execution favors de-risking at lower intermediate targets before letting runner positions sweep liquidity into the macro floor. 💬 Are you taking the short continuation here or anticipating a dead-cat bounce first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONG #ShortSetup #PriceAction #CryptoTrading #Bearish
🎯 🦈