🚨 $ONG /USDT – Breakdown or Bounce Zone? Watch This Support Closely!
$ONG has dropped -4.93% and is testing key support near $0.21. With volatility compressing between Bollinger levels, the next move could be explosive. Let’s break it down!
📊 Market Overview
📍 Current Price: $0.2102
📈 24h High: $0.2216
❄️ 24h Low: $0.2078
📊 24h Volume:
• ONG: 1.88M
• USDT: $403.57K
Bollinger Bands (20,2):
• Upper Band: $0.2188
• Mid Band: $0.2128
• Lower Band: $0.2068
Price is hovering just below the midline, signaling weak bullish momentum but potential bounce from lower support.
📈 ONG Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ONG Holds Above $0.2070):
• Entry: Above $0.2110
• Targets: $0.2180, $0.2250, $0.2370
• Stop-Loss: $0.2060
🔹 Bearish Scenario (If ONG Breaks Below $0.2060):
• Entry: Below $0.2060
• Targets: $0.1990, $0.1920, $0.1850
• Stop-Loss: $0.2110
🔍 Market Analysis
✅ Near lower Bollinger Band = bounce potential from oversold territory
⚠️ Close below $0.2060 could trigger more downside
⚠️ Low volume suggests breakout may lack force without confirmation
💡 Pro Tip:
A strong candle reclaiming the $0.2128 mid-band could signal a short-term reversal. Keep a tight stop if trading the bounce.
What’s your take—buy the dip or wait it out?
Sound off in the comments below!
LIKE & SHARE if you want more real-time trading setups!