🚨 $ONG / USDT — BEARISH SHORT SETUP 🔴
Sellers are showing control on the lower timeframes, while the daily chart remains range-bound. I'm watching for a possible rejection from the entry zone and a move toward lower support levels.
🔻 SHORT ENTRY: 0.0715743 – 0.0716857
🎯 TP1: 0.0701471 (-2.1%) 🎯 TP2: 0.0691584 (-3.5%) 🎯 TP3: 0.0676755 (-5.5%)
🛑 STOP LOSS: 0.0736072 (+2.8%)
📉 Bearish Signals:
* 4H trend below EMA50 and EMA200.
* 1H trend below EMA50 and EMA200.
* Short-term momentum favors sellers.
* Daily trend remains sideways.
⚡ Trade Management:
* Take 50% profit at TP1.
* Close 25% at TP2.
* Secure the final 25% at TP3.
* Move SL to breakeven after TP1.
⚠️ Risk Alert: Only 2 of 12 signals support the short direction. Conviction is moderate, so keep position size small and wait for confirmation.
🔥 $ONG — Watch the resistance rejection. Let the price action confirm the move! 🚨
Sellers are showing control on the lower timeframes, while the daily chart remains range-bound. I'm watching for a possible rejection from the entry zone and a move toward lower support levels.
🔻 SHORT ENTRY: 0.0715743 – 0.0716857
🎯 TP1: 0.0701471 (-2.1%) 🎯 TP2: 0.0691584 (-3.5%) 🎯 TP3: 0.0676755 (-5.5%)
🛑 STOP LOSS: 0.0736072 (+2.8%)
📉 Bearish Signals:
* 4H trend below EMA50 and EMA200.
* 1H trend below EMA50 and EMA200.
* Short-term momentum favors sellers.
* Daily trend remains sideways.
⚡ Trade Management:
* Take 50% profit at TP1.
* Close 25% at TP2.
* Secure the final 25% at TP3.
* Move SL to breakeven after TP1.
⚠️ Risk Alert: Only 2 of 12 signals support the short direction. Conviction is moderate, so keep position size small and wait for confirmation.
🔥 $ONG — Watch the resistance rejection. Let the price action confirm the move! 🚨