$ONG /USDT Bullish Breakout: Strategic Entry Opportunity
The chart highlights a strong bullish breakout above the critical resistance zone at 0.3800, signaling upward momentum for $ONG /USDT. This movement, supported by consistent growth (+12.72% today and +21.09% this week), indicates a solid entry opportunity for traders.
Trading Strategy:
Entry Range: 0.3880–0.3900
Target 1: 0.4100 (Short-term resistance)
Target 2: 0.4300 (Key resistance zone)
Stop Loss: Below 0.3750 (risk management)
Technical Analysis:
The breakout above 0.3800, a previous consolidation zone, establishes it as a new support level. Holding above this point significantly increases the probability of a sustained bullish trend. Momentum indicators further validate the bullish sentiment.
Key Notes:
Ensure adherence to your risk management plan.
Monitor volume trends and market sentiment for confirmation of sustained breakout strength.
#OnChainLendingSurge #BinanceAlphaAlert #USJoblessClaimsDrop #BullCyclePrediction #MicroStrategyAcquiresBTC