Technical Analysis of $ONG

/USDT:

Current Price: $0.3194

Trend: The price has been showing bullish momentum with a 3.50% increase in the past 24 hours, indicating strength in the market.

Resistance Levels:

1st Target: $0.3364 (previous 24h high)

2nd Target: $0.3500 (potential breakout level)

3rd Target: $0.3750 (extended resistance zone)

Support Levels:

1st Support: $0.2963 (previous 24h low)

2nd Support: $0.2900 (a psychological level)

Momentum: The momentum is bullish, as indicated by the recent price action. Traders should monitor for any price consolidations or pullbacks to these support levels before further upward movement.

Trade Signal:

Buy Signal: If the price breaks above $0.3364 and holds, target levels are $0.3500 and $0.3750.

Sell Signal: If the price drops below $0.2963, consider selling towards $0.2900 or waiting for price stabilization.

Momentum Outlook:

Bullish, but watch for any pullbacks to support levels before further trades. Use trailing stop losses to lock in profits while the uptrend holds.

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