Technical Analysis of $ONG
/USDT
Current Price: 0.3387 USDT
Price Change (24h): +7.83%
24h High: 0.3405 USDT
24h Low: 0.3128 USDT
Trend Analysis:
The price is in an uptrend after breaking resistance near 0.3128 and reaching a high of 0.3405. A pullback to the 0.3380 region suggests a possible continuation of the bullish momentum.
RSI: Likely showing bullish conditions (though check for overbought levels near 70).
MACD: If positive, it indicates continued buying momentum.
Support and Resistance:
Immediate Support: 0.3250
Immediate Resistance: 0.3413
Trade Signal:
Bullish: The price is showing a continuation of bullish momentum above 0.3358.
Action: Buy near 0.3387 with a stop loss at 0.3250.
Target Levels 🎯:
1. Target 1: 0.3450 (Near the previous 24-hour high)
2. Target 2: 0.3500 (Next psychological resistance level)
3. Target 3: 0.3600 (Extended target based on potential market continuation)
Trade Momentum:
The upward momentum suggests that the price could continue to rise if it holds above support levels. A break above 0.3413 could lead to a further rally toward higher targets (0.3500 - 0.3600).
Watch for overbought signals on the RSI to avoid late entries. If the price drops below support (0.3250), consider a sell signal or stop-loss activation.
