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CryptoPlus

🔻 $ONG ‌ – Weak structural strength.. Further decline expected (Sell Trade)



Trade Setup:

· Trade type: Sell (SHORT)
· Entry zone: 0.0448 – 0.0451 USDT
· Targets:
· TP1: 0.0438
· TP2: 0.0428
· TP3: 0.0417
· Stop loss: 0.0465
· Leverage: up to 20x (with strict risk management compliance)

Analysis:
Negative outlook on $SOL ‌ONG after strong rejection and failure of price to reclaim the resistance level. Sellers are in control, and with price staying below 0.0465, the most likely scenario is continued decline towards lower support zones.

ONGUSDT
Current price: 0.04463 (−16.15%)

Execute trade ⬇
$ONG ‌

#ong #ONG ️
ONG-3.97%
SOL4.73%
ONG-3.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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TheKiteNeverLands.
· 5h ago
ONG got tanked by SOL?
This correlation is a bit confusing.
I'll short a small position first.
View OriginalReply0
BluePeonyCalmingAgent
· 6h ago
The Arabic analysis is quite professional, with a good gradient from TP1 to TP3, but ONG liquidity is average, so be careful of slippage.
View OriginalReply0
GateUser-656cc6e4
· 6h ago
ONG's structure is indeed weak. I'll follow.
View OriginalReply0
TransparentGlassFeather
· 7h ago
The entry position at 0.0448 has been reached, placing a pending order to test, set stop loss at 0.0465, not daring to go full margin at 20x.
View OriginalReply0
MechanicalHummingbird
· 7h ago
16% drop is already significant. The risk-reward ratio for shorting now is average. Wait for a bounce to 0.0451 before considering.
View OriginalReply0

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