📊 Gas Ontology (ONG/USDT) defending the MA60 after the adjustment! 🚀
Hello, Binance Square community! We’re back to review the ONG/USDT pair, which after a strong volatile move is showing a daily pullback of -30.61%. However, in the short term, it is at a highly relevant technical point that sparks optimism among buyers:
🎯 Support zone: Pay attention here! The current price is at 0.12197, managing to trade and hold just above the 60-day moving average (MA60) at 0.12066. This line is our crucial dynamic support to stop the drop and build a firm floor above the daily low of 0.11234.
📈 Level to beat: If buying pressure successfully defends this level, the first technical target is to bounce back and regain stability in the upper range, with a long-term focus on retesting the daily high of 0.26000.
💡 Quick suggestion: Since it is testing the MA60 with trading volume that remains very active (65.18M USDT), the key is patience. If you’re looking to enter and take advantage of this technical rebound potential, wait for confirmation candles that show the bulls absorbing the supply in this area. Always protect your account against high volatility by using a Stop-Loss adjusted below the moving average. Trade with a strategy!
Do you think buyers will successfully defend the MA60 to kick off a cheerful rebound from here? 👇 Leave your thoughts in the comments!
$ONG
Click here to trade 👇
#BinanceSquare #PublicayGana #white2Earn
Hello, Binance Square community! We’re back to review the ONG/USDT pair, which after a strong volatile move is showing a daily pullback of -30.61%. However, in the short term, it is at a highly relevant technical point that sparks optimism among buyers:
🎯 Support zone: Pay attention here! The current price is at 0.12197, managing to trade and hold just above the 60-day moving average (MA60) at 0.12066. This line is our crucial dynamic support to stop the drop and build a firm floor above the daily low of 0.11234.
📈 Level to beat: If buying pressure successfully defends this level, the first technical target is to bounce back and regain stability in the upper range, with a long-term focus on retesting the daily high of 0.26000.
💡 Quick suggestion: Since it is testing the MA60 with trading volume that remains very active (65.18M USDT), the key is patience. If you’re looking to enter and take advantage of this technical rebound potential, wait for confirmation candles that show the bulls absorbing the supply in this area. Always protect your account against high volatility by using a Stop-Loss adjusted below the moving average. Trade with a strategy!
Do you think buyers will successfully defend the MA60 to kick off a cheerful rebound from here? 👇 Leave your thoughts in the comments!
$ONG
Click here to trade 👇
#BinanceSquare #PublicayGana #white2Earn
