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Confused about $ONG 🧐 Should You Long or Short Right Now?
⚠️ Honest answer: Neither… wait for confirmation
Right now… jumping in blindly is risky.
Market already made a move… now it’s deciding what’s next.
Here’s the real breakdown 👇
🔴 Why NOT Short Here
Trend on lower timeframes is still holding bullish structure
Shorting here = chasing after a drop that already happened
Price already pulled back ~10–13% from the top
This is where short squeezes usually happen
One push… and it can easily revisit $0.100+
🟢 Why NOT Long Here (yet)
That rejection near $0.1108?
Strong selling pressure sitting there
Price still hasn’t built a proper base
No confirmation that buyers are stepping in yet
It can still dip into $0.0850–$0.0900 before any real bounce
✅ What to actually do
If you want LONG 🟢
Wait for price to hold above $0.0950 for at least 1–2 candles
Entry: $0.0950 – $0.0970
Target: $0.1050 → $0.1108
SL: below $0.0900
Clean setup. No guessing.
If you want SHORT 🔴
Only valid if price loses $0.0935 support
Entry: ~$0.0920 (after breakdown)
Target: $0.0850 → $0.0800
SL: above $0.0980
Don’t anticipate… wait for the break.
🎯 My view
Slight long bias… but only if support holds at $0.0950
Trend is still bullish overall
But short-term? Cooling down
⚠️ Important
Price already moved ~40%+ in 24h
That means volatility is high
This is NOT the place to go heavy
Size down.
Wait for confirmation.
Use stop loss.
No FOMO… let the chart come to you 🦞
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