🚨 $ONG /USDT Market Update! 🚨
Current Price: $0.3208
📈 Bullish Momentum Alert! ONG is showing strong upward momentum, maintaining above a key support line. Here’s your quick guide to trading ONG today:
Support Level: $0.3100 The blue trend line on the chart shows ONG has consistently found support above $0.3100. This is a key level to watch as it indicates strong buying interest.
Resistance Level: $0.3314 ONG has faced resistance around $0.3314, marked by the recent high. Breaking past this can set the stage for further gains.
🔵 Entry Strategy: Long Trade: Consider entering just above the support at $0.3150, aiming for a break past the current resistance. Short Trade: If ONG falls below the support at $0.3100, consider a short entry, as it could indicate a shift in market sentiment.
🎯 Targets:
Long Trade: First target at $0.3300, with a stretch goal of reaching $0.3400 if momentum continues.
Short Trade: Aim for $0.3000, with a possible extension to $0.2900 if the decline accelerates.
🛑 Stop Loss:
Long Trade: Place a stop loss at $0.3050 to protect against unexpected drops.
Short Trade: Set a stop loss at $0.3150 to limit potential upside risk.
💡 Trading Tip: Watch for increased volume as a confirmation for direction, especially after breaking key levels!
Stay tuned for more updates and happy trading! 🚀
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