$ONG Top 5 Gainers on My "Short" Watchlist! 🚀
The "Top Gainers" list is looking incredibly green today, but as experienced traders, we know that what goes up vertically usually comes down sharply. 📉
I am currently scanning the market for Reversal Signals on these high-flying assets. If you are looking to catch the top, here is what is on my radar right now:
⚠️ The Watchlist:
$ONG – Up 49%+. RSI is screaming "Overbought" on the 1H/4H timeframes. Watching for a bearish divergence.
$DAR – Massive pump, but volume is starting to taper off. A "Bull Trap" might be forming.
$POLYX – Approaching major multi-month resistance. Look for a failed breakout here.
$SIREN – Recent parabolic move is cooling down. Watch for a break below the 9 EMA.
$CHR – Testing a heavy supply zone. A rejection here could lead to a swift 5-10% pullback.
🛡️ My Execution Checklist:
Don't FOMO Short: Never jump in just because the price is high. Wait for a Bearish Engulfing candle or a break of the trendline on the 15m chart.
Watch the Funding: If funding rates are insanely positive, a Long Squeeze is imminent.
Risk Control: These coins are volatile! Use low leverage (3x-5x) and set a hard Stop Loss (SL) above the recent peak.
Target: Look for the 0.5 Fibonacci retracement level as your first TP.
Are you still riding the pump, or are you preparing to Short? Let me know your moves in the comments! 👇
#ONG
The "Top Gainers" list is looking incredibly green today, but as experienced traders, we know that what goes up vertically usually comes down sharply. 📉
I am currently scanning the market for Reversal Signals on these high-flying assets. If you are looking to catch the top, here is what is on my radar right now:
⚠️ The Watchlist:
$ONG – Up 49%+. RSI is screaming "Overbought" on the 1H/4H timeframes. Watching for a bearish divergence.
$DAR – Massive pump, but volume is starting to taper off. A "Bull Trap" might be forming.
$POLYX – Approaching major multi-month resistance. Look for a failed breakout here.
$SIREN – Recent parabolic move is cooling down. Watch for a break below the 9 EMA.
$CHR – Testing a heavy supply zone. A rejection here could lead to a swift 5-10% pullback.
🛡️ My Execution Checklist:
Don't FOMO Short: Never jump in just because the price is high. Wait for a Bearish Engulfing candle or a break of the trendline on the 15m chart.
Watch the Funding: If funding rates are insanely positive, a Long Squeeze is imminent.
Risk Control: These coins are volatile! Use low leverage (3x-5x) and set a hard Stop Loss (SL) above the recent peak.
Target: Look for the 0.5 Fibonacci retracement level as your first TP.
Are you still riding the pump, or are you preparing to Short? Let me know your moves in the comments! 👇
#ONG