$ONG Update: Double Bottom Breakout in Play!
$ONG is currently trading at $0.3299, up +5.20% in the past 24 hours. The 4-hour chart reveals a classic double bottom pattern, a bullish reversal signal indicating strong buying momentum. The breakout above $0.3250 confirms the pattern, suggesting potential for further upside.
If momentum continues, the next resistance lies near $0.3400, followed by a higher target at $0.3800. Traders should watch for sustained volume to confirm this breakout's strength.
Manage your risk carefully by setting stop-loss levels below the recent support at $0.3100. Stay tuned for more updates as $ONG builds on this bullish momentum.