💥ONG
🚀 ONG
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $1.0038K
• Trigger Price: $0.06793
🎯 Trade Setup:
• Entry Zone: $0.06750 - $0.06820
• TP1: $0.06980
• TP2: $0.07120
• Stop-Loss (SL): $0.06640
📊 Market Analysis: The long liquidation event at $0.06793 indicates a liquidity sweep where forced selling pressure absorbed existing buy-side positions, creating a potential reaction zone for price stabilization. ONG is testing a key structure area where order book demand may determine whether buyers can regain control and push toward higher resistance levels. A sustained hold above the entry zone could signal renewed momentum, while failure to maintain support may expose further downside liquidity areas.
🛡️ Risk Management: Maintain controlled spot allocation and avoid overexposure while monitoring key support and resistance levels.
