1h bearish stack holds while the daily trend is range.

🔴 SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.0702118 – 0.0705482
TP1: 0.0677116 (-3.8%)
TP2: 0.0659327 (-6.3%)
TP3: 0.0632644 (-10.1%)
SL: 0.0739378 (+5.1%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 24.4)
Risk: Buyers are pushing right now (+0.69% 15m candle)

My read on ONG today
I'm watching for a short on ONG with conviction. The 1h price is near 0.0703800 and the 4h trend is down, but the daily trend is range. I want to see price respect the invalidation level at the entry high of 0.0705482.

Where do you set your stop if you are short here?

Full setup on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.