Technical Analysis for $ONG
/USDT:
Current Price: $0.3534 (up 4.87% in 24 hours)
24h Range: $0.3109 - $0.3552
Resistance Levels:
First Target (T1): $0.3550 - Slight resistance near 24h high, possible breakout.
Second Target (T2): $0.3600 - Expected resistance as price pushes higher.
Third Target (T3): $0.3750 - A further breakout zone beyond recent highs.
Support Levels:
Primary Support (S1): $0.3250 - Price is likely to bounce here if there's a pullback.
Secondary Support (S2): $0.3109 - Recent low and strong support area.
Momentum Analysis:
The bullish momentum is indicated by the price moving above the recent lows, showing resilience at support levels. If it successfully breaks above $0.3550, the uptrend may continue towards $0.3750.
Trade Signal:
Buy Signal: Above $0.3550 (strong resistance breakout) Sell Signal: Near $0.3750 (take profit at resistance)
Stop Loss: Below $0.3250
Summary:
The market has shown strong bullish momentum, and a breakout above $0.3550 could push the price towards the $0.3750 target. Support at $0.3250 provides safety for further bullish plays.