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$ONG - BEARISH IMPULSE PERSISTS! ๐ป
Daily and 4-hour charts confirm a descending trend. The price on the hourly timeframe is trading below key EMAs, increasing selling pressure.
SHORT SETUP ACTIVATED:
ยท Entry: 0.099556 โ 0.100036 (market price)
ยท Targets: 0.098837 โ 0.097878 โ 0.096919
ยท Stop-Loss: 0.100755
โก Trigger:
Closing a 15-minute candle below the entry level at RSI < 50 will confirm the continuation of the bearish impulse.
Risk Management:
Risk 10โ20% of capital. Use flexible leverage (x3โx5). Move the stop-loss to breakeven after TP1.
Trade in the direction of the trend โ priority is given to downward movement.
#ONG