$ONG has made a very strong pump (+47%) and is now showing a sharp rejection from the 0.11–0.115 zone. This looks like a classic overextended move with pullback risk.
$ONG — SHORT
Entry: 0.097 – 0.102
SL: 0.108.
TP1: 0.090.
TP2: 0.085.
TP3: 0.078.
TP4: 0.070.
Price got rejected from the highs and dropped back to 0.097, showing sellers stepping in. After such a strong rally, profit-taking usually causes a deeper pullback.
If price reclaims and holds above 0.108, then momentum can return and this short setup becomes invalid.
Avoid chasing longs here wait for a proper dip or clear breakout.
ONG
--
--
#USNFPExceededExpectations #USJoblessClaimsNearTwo-YearLow #DriftProtocolExploited #GoogleStudyOnCryptoSecurityChallenges #BitmineIncreasesETHStake