$ONG
/USDT Technical Analysis & Trade Signals
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Current Price: $0.3733 (+17.54% in the last 24 hours)
Trend: Bullish momentum
Resistance: $0.3822 (24h High) and $0.3858 (Depth level)
Support: $0.3137 (24h Low) and $0.3073 (Recent drop)
Trade Signals:
1. Bullish Continuation:
Buy Entry: $0.3730 – $0.3800
Target 1: $0.3850
Target 2: $0.3900
Target 3: $0.4000
Stop-Loss: $0.3100 (below recent low)
Momentum: Strong buying pressure, with volume supporting upward movement.
2. Pullback Setup:
Buy Entry: $0.3200 – $0.3300
Target 1: $0.3733
Target 2: $0.3800
Target 3: $0.3850
Stop-Loss: $0.3000 (below support)
Momentum: Market correction may lead to a profitable recovery if it retraces
Key Considerations:
The price is in a strong uptrend, with the potential to hit $0.4000 if momentum holds.
Keep an eye on volume for confirmation of continued strength. If volume decreases, watch for potential pullbacks.
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