What makes ONG the weakest link right now?
🔴 SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0733642 – 0.0735558
TP1: 0.0716162 (-2.5%)
TP2: 0.0703871 (-4.2%)
TP3: 0.0685433 (-6.7%)
SL: 0.0759183 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? What I checked: 6/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 32.9)
Watch: The idea is wrong if price reaches the stop at 0.0759183
Verdict: The 4h trend is bearish with price below stacked EMAs, meaning the swing is clearly down. The 1h trend is also bearish with price below stacked EMAs, meaning short-term momentum is down. The main risk is the daily trend is range-bound and undecided, meaning the big picture lacks a clear direction.
Where do you set your stop if this setup fails?
🔴 SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0733642 – 0.0735558
TP1: 0.0716162 (-2.5%)
TP2: 0.0703871 (-4.2%)
TP3: 0.0685433 (-6.7%)
SL: 0.0759183 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? What I checked: 6/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 32.9)
Watch: The idea is wrong if price reaches the stop at 0.0759183
Verdict: The 4h trend is bearish with price below stacked EMAs, meaning the swing is clearly down. The 1h trend is also bearish with price below stacked EMAs, meaning short-term momentum is down. The main risk is the daily trend is range-bound and undecided, meaning the big picture lacks a clear direction.
Where do you set your stop if this setup fails?
