$ONG now has second rejection near highs causing fading momentum



Short $ONG

Entry: 0.110 – 0.120
SL: 0.135

TP1: 0.098
TP2: 0.092
TP3: 0.085
TP4: 0.078

Why:
Price tried pushing back up but failed to break previous high around 0.12. That lower high + rejection candle is a warning sign. Buyers look weaker on this move, and volume isn’t as strong as before. RSI also struggling to push higher. Feels like distribution before another leg down.

✅️Join my premium group for high quality trade setups

Trade $ONG here 👇

{future}(ONGUSDT)
ONG2,17%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin