$ONG
#ONGUSDT is trying to recover after that heavy selloff. Price bounced well from the lower zone and is now pushing back into the 0.0644–0.0691 resistance area, which is the first level that really matters here. The nearest support sits around 0.0544–0.0617. If that fails, the next zones to watch are 0.0470 and then 0.0413. The structure looks like a recovery base for now, and it could be shaping into an inverse head-and-shoulders type setup. Traders should watch whether price can hold above support and turn 0.0644–0.0691 into a breakout level, because rejection there could still send it back into the 0.0544 zone. On the upside, a clean break above 0.0644–0.0691 could open room toward 0.0747 and possibly higher if momentum stays strong.
#ONGUSDT is trying to recover after that heavy selloff. Price bounced well from the lower zone and is now pushing back into the 0.0644–0.0691 resistance area, which is the first level that really matters here. The nearest support sits around 0.0544–0.0617. If that fails, the next zones to watch are 0.0470 and then 0.0413. The structure looks like a recovery base for now, and it could be shaping into an inverse head-and-shoulders type setup. Traders should watch whether price can hold above support and turn 0.0644–0.0691 into a breakout level, because rejection there could still send it back into the 0.0544 zone. On the upside, a clean break above 0.0644–0.0691 could open room toward 0.0747 and possibly higher if momentum stays strong.