SHORT $ONG - MA60 RESISTANCE REJECTION
Current Price: $0.0843
Signal: Price below MA60 resistance at 0.0854, +3.95% gain fading
Entry: 0.0842 - 0.0838
TP1: 0.0830
TP2: 0.0820
TP3: 0.0810
SL: 0.0860
CHART ANALYSIS:
MA60 Resistance: Price rejected below MA60 level 0.0854
Momentum Fade: Early +3.95% gain showing weakness
Volume Collapse: Very low 108 volume vs MA(5) 4,133
Resistance Zone: Multiple tests failing at MA60 level
Bearish Setup: Forming rejection pattern at resistance
#ONG #Short #Resistance #Bearish #BukhariTechTips
ONG
0.0814
-3.89%