$ONG /$USDT is showing hyper-volatile, parabolic movement driven by low-liquidity spikes, leaving behind long upper wicks (rejection near 0.193 – 0.195). On the 1-week chart, price has expanded far above the 7 and 25 MAs, but faces major long-term overhead resistance around the 200-week MA (~0.240). Entering a long position at current market levels (~0.170 – 0.171) carries high downside risk of a sharp retracement back toward breakout support.
Entry Zone: $0.105 – $0.115 (Waiting for backtest of 4h MA7 / broken resistance)

Stop-Loss: Below $0.088 (24h low structural break)

Take-Profit 1: $0.150
Take-Profit 2: $0.190

#ONG/USDT #ONGCOIN