Confused about $ONG 🧐 Should You Long or Short Right Now?



⚠️ Honest answer: Neither… wait for confirmation

Right now… jumping in blindly is risky.
Market already made a move… now it’s deciding what’s next.

Here’s the real breakdown 👇

🔴 Why NOT Short Here

Trend on lower timeframes is still holding bullish structure
Shorting here = chasing after a drop that already happened

Price already pulled back ~10–13% from the top
This is where short squeezes usually happen

One push… and it can easily revisit $0.100+

🟢 Why NOT Long Here (yet)

That rejection near $0.1108?
Strong selling pressure sitting there

Price still hasn’t built a proper base
No confirmation that buyers are stepping in yet

It can still dip into $0.0850–$0.0900 before any real bounce

✅ What to actually do

If you want LONG 🟢

Wait for price to hold above $0.0950 for at least 1–2 candles

Entry: $0.0950 – $0.0970
Target: $0.1050 → $0.1108
SL: below $0.0900

Clean setup. No guessing.

If you want SHORT 🔴

Only valid if price loses $0.0935 support

Entry: ~$0.0920 (after breakdown)
Target: $0.0850 → $0.0800
SL: above $0.0980

Don’t anticipate… wait for the break.

🎯 My view

Slight long bias… but only if support holds at $0.0950

Trend is still bullish overall
But short-term? Cooling down

⚠️ Important

Price already moved ~40%+ in 24h
That means volatility is high

This is NOT the place to go heavy

Size down.
Wait for confirmation.
Use stop loss.

No FOMO… let the chart come to you 🦞

{future}(ONGUSDT)
ONG8,04%
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