$ONG /USDT Technical Analysis: Next Move Unfolded🔥💯
The ONG/USDT 15-minute chart reveals a consolidation phase around $0.3169 after sharp intraday movements. The price is stabilizing near a key demand zone, signaling potential opportunities for both long and short trades.
🔑 Long Entry:
Enter at $0.3180, with a target of $0.3300. Place stop-loss at $0.3100. Breakout above $0.3300 could lead to further upside, potentially testing the $0.3500 level.
🔻 Short Entry:
Enter below $0.3100, targeting $0.3000, with a stop-loss at $0.3180. A breakdown from $0.3100 might trigger strong bearish momentum.
🌟 Market Insight:
Currently, the market appears range-bound, with buyers and sellers competing for control. A breakout above $0.3300 could signify renewed bullish momentum, while failure to hold $0.3100 may pave the way for further downside. Watch volume closely, as it will confirm the next decisive move.
Trade cautiously, securing profits at key levels while keeping an eye on stop-losses to manage risk efficiently. The current consolidation phase offers short-term scalping opportunities with clear risk-reward setups.
Stay sharp and disciplined in this market phase!