๐จ $ONG TESTING HEAVY OVERHEAD RESISTANCE AS BEARS PREPARE SHORT EXECUTION! ๐ป
Entry: 0.06120 - 0.06170 ๐ด
Target: 0.05720 ๐ฏ
Stop Loss: 0.06260 โ ๏ธ
๐ $ONG has pushed into the critical $0.0615โ$0.0617 supply pool after recovering from the $0.055 imbalance area. ๐ Institutional order flow is showing initial signs of exhaustion at these local highs, signaling potential distribution.
๐ A firm displacement back beneath $0.0610 confirms structural weakness, setting up an efficient liquidity drive toward lower targets. ๐ก Remember that a sustained push above $0.0617 invalidates the short bias completely.
๐ฌ Are you taking the rejection entry now or waiting for the 0.0610 confirmation breakdown? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ONG #ShortSetup #Crypto #TechnicalAnalysis #MarketStructure
๐ฆ ๐
Entry: 0.06120 - 0.06170 ๐ด
Target: 0.05720 ๐ฏ
Stop Loss: 0.06260 โ ๏ธ
๐ $ONG has pushed into the critical $0.0615โ$0.0617 supply pool after recovering from the $0.055 imbalance area. ๐ Institutional order flow is showing initial signs of exhaustion at these local highs, signaling potential distribution.
๐ A firm displacement back beneath $0.0610 confirms structural weakness, setting up an efficient liquidity drive toward lower targets. ๐ก Remember that a sustained push above $0.0617 invalidates the short bias completely.
๐ฌ Are you taking the rejection entry now or waiting for the 0.0610 confirmation breakdown? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ONG #ShortSetup #Crypto #TechnicalAnalysis #MarketStructure
๐ฆ ๐