$ONG /USDT BEARISH OUTLOOK 📉
Key Levels:
- Current Price: $0.3523
- Resistance Levels: $0.3865, $0.3600
- Support Levels: $0.3507, $0.3311, $0.3248
Trade Setup:
- Entry: Short at $0.3523
- Take Profit (TP):
- TP1: $0.3459
- TP2: $0.3311
- TP3: $0.3248
- Stop Loss (SL): $0.3600
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 1-2% of total portfolio
Summary:
We are looking to short $ONG/USDT due to the bearish trend indicated by the recent price action and the break below key support levels. The current price is $0.3523, and we aim to capitalize on the downward momentum with targets at $0.3459, $0.3311, and $0.3248. The stop loss is set at $0.3600 to manage risk effectively. 📉💸
Happy Trading! 📉💸