🚀$ONG /USDT Price Action Update – Bullish Reversal Gaining Strength! 🔁📈
📌 Current Price: $0.1757
📊 24H Change: +2.99%
📈 Volume Surge: 7.95M ONG
🕐 Chart Timeframes Analyzed: 1H & 4H
🔍 1H Technical Breakdown:📊
✅ Strong Uptrend Movement: ONG bounced from the $0.1692 zone and tapped resistance at $0.1793.
✅ Support Zone Holding: Price is currently supported by 20 EMA ($0.1745) and 50 MA ($0.1731), both showing upward slope.
🟠 Small Pullback Ongoing: After a quick rally, the price is consolidating just below $0.176, indicating possible continuation.
📈 MACD: Still bullish – histogram remains green and above the signal line.
📊 RSI: 59.21 – healthy zone, close to bullish breakout region.
🔎 4H Chart Signals:📊
🟢 Trend Reversal Confirmed: $ONG is steadily climbing after forming a bottom near $0.169
📍 EMA Cross Resistance at $0.1797: Bulls are trying to close above this level for stronger breakout
🟢 Momentum Rebuilding: Higher lows and bullish candles indicate buying interest returning
📈 MACD (4H): Histogram rising with green momentum
📊 RSI (4H): 49.23 – Neutral zone with upside potential
🎯 Trading Strategy (Short-Term Bullish Setup):🔥
🔹 Entry Zone: $0.1745 – $0.1755
🔹 Target 1: $0.179
🔹 Target 2: $0.182
🔹 Target 3: $0.188 (only if volume surges)
🔻 Stop-Loss: Below $0.1717 (under key moving averages)
💬 Trader's Insight:
$ONG has reclaimed key support zones and is now showing early breakout behavior. A sustained move above $0.1797 could flip this into a full bullish trend on the 4H chart. Smart entry lies near support zones, with tight SL and flexible profit targets.
🧠 “In sideways markets, structure is strength. In trend markets, momentum is king.”
📛 This post is for educational purposes only, not financial advice. Always trade responsibly.