$ONG

ONG/USDT – Trading Analysis and Strategy 🎯

Current Price: $0.3616

The ONG/USDT pair is currently trading at $0.3616, showing a -3.68% decrease. Here’s the strategy with entry, target levels, and stop limit.

Entry Strategy & Targets

Entry Point: Consider entering near $0.3616 or slightly below, around $0.3583, where support has previously formed.

Target Levels:

Target 1: $0.3732

The first target is $0.3732, a level where short-term resistance might be encountered.

Target 2: $0.3865

If the price breaks above $0.3732, the next target is $0.3865, marking a higher resistance level.

Target 3: $0.3882

The final target is $0.3882, where recent price action has shown strong resistance.

Stop Limit:

Set a stop loss at $0.3525, which is the recent low. If the price drops below this level, it could signal further downside.

Pro Tip:

Monitor the SAR (0.02, 0.2) at $0.3527 for any signs of a trend reversal. Watch the trading volume for confirmation of price moves and avoid chasing a breakout if the volume is low.

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