šŸ“Š$ONG / USDT Market Analysis

Current Price: $0.3564
Change: +9.02% šŸš€
24H High: $0.3591
24H Low: $0.3208

$ONG has surged by over 9% in the last 24 hours, reflecting strong bullish momentum as traders take notice.

Key Chart Observations (15-Minute Timeframe):

Moving Averages (MAs):7-MA (yellow): $0.3527 ā€“ confirming strong upward movement in the short term.25-MA (pink): $0.3466 ā€“ acting as a mid-term support as the price trends upward.99-MA (purple): $0.3391 ā€“ a solid long-term support, indicating a continued bullish sentiment.Support Levels:$0.3495 ā€“ immediate support near the current price.$0.3387 ā€“ next key support aligned with the 25-MA.Resistance Levels:$0.3591 ā€“ the 24-hour high, acting as a short-term resistance.

Volume Insights:

ONG Volume: 6.52MUSDT Volume: 2.23M
Strong trading activity highlights significant market interest.

šŸ’” Trading Insights:

A potential breakout above $0.3591 could lead to testing new highs, creating opportunities for momentum trades.Pullbacks near $0.3495 or $0.3466 could offer entry points for traders looking to join the trend.

The 15-minute chart shows a strong bullish continuation as ONG holds above critical support levels. With the price nearing the daily high, will the breakout confirm, or is a consolidation phase ahead?

#ONG #CryptoTrading #Binance