#ONG Technical Update โ Falcon Traders๐ค๐
#ONG is still trading within its ascending channel structure. If the price breaks below the lower trendline support, itโs likely to revisit the marked Demand Zone (0.188โ0.190) โ a historically strong area of buyer interest.
A bullish reaction from this zone could trigger a move back toward the 0.205โ0.210 resistance area. However, if the demand fails to hold, the next possible support levels lie near 0.184 and 0.181.
Keep a close eye on price behavior around the demand zone for potential bounce confirmation before considering new positions.