ONG keeps sliding through the EMA stack on the 4h chart.

๐Ÿ”ด SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT ยท Leaning

Entry: 0.0749494 โ€“ 0.0751306
TP1: 0.0737711 (-1.7%)
TP2: 0.0729251 (-2.8%)
TP3: 0.0716562 (-4.5%)
SL: 0.0767319 (+2.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 3/12 signals agree, 0 against.
โ€ข 4h trend down (below EMA50 & EMA200)
โ€ข 1h trend down (below EMA50 & EMA200)
โ€ข Sellers have the momentum (4h RSI 41.8)

Q: Why short when the daily trend is just a range?
A: The 4h trend shows price below both EMAs, confirming sellers control the shorter term.

Q: What makes this setup wrong if the range holds?
A: The 1h price sits just half an ATR from its EMA50, so a small bounce invalidates the short.

Where do you set your level if you are not shorting here?

Chart with every level below.

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โš ๏ธ Personal market analysis only. NFA โ€” 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.