$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.

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