$ONG IS RETURNING TO A SUPPLY ZONE THAT PREVIOUSLY REJECTED PRICE โก
Entry: 0.0460 - 0.0474 ๐ฅ
Target 1: 0.0443 ๐
Target 2: 0.0422 ๐
Target 3: 0.0399 ๐
Stop Loss: 0.0510 โ ๏ธ
The recent rally has pushed $ONG back into the 0.0460โ0.0474 zone where sellers stepped in heavily last week. This move still reads as corrective within the larger downtrend โ price is testing the underside of a broken structure. A rejection here could trigger a fast rotation toward the liquidity pool sitting below 0.0420.
Volume is declining on the hourly, suggesting the buyers fueling this bounce are losing conviction. Are you shorting this retest or waiting for a clean breakdown?
Not financial advice. Always manage your risk.
#ONG #ShortSetup #SupplyZone #Crypto #Trading
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Entry: 0.0460 - 0.0474 ๐ฅ
Target 1: 0.0443 ๐
Target 2: 0.0422 ๐
Target 3: 0.0399 ๐
Stop Loss: 0.0510 โ ๏ธ
The recent rally has pushed $ONG back into the 0.0460โ0.0474 zone where sellers stepped in heavily last week. This move still reads as corrective within the larger downtrend โ price is testing the underside of a broken structure. A rejection here could trigger a fast rotation toward the liquidity pool sitting below 0.0420.
Volume is declining on the hourly, suggesting the buyers fueling this bounce are losing conviction. Are you shorting this retest or waiting for a clean breakdown?
Not financial advice. Always manage your risk.
#ONG #ShortSetup #SupplyZone #Crypto #Trading
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