#ONG Technical Update โ€“ Falcon Traders๐Ÿค๐Ÿ‘‡

#ONG is still trading within its ascending channel structure. If the price breaks below the lower trendline support, itโ€™s likely to revisit the marked Demand Zone (0.188โ€“0.190) โ€” a historically strong area of buyer interest.

A bullish reaction from this zone could trigger a move back toward the 0.205โ€“0.210 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.