$ONG Analysis of rebound after a strong drop Current price: 0.13219$ | -18.86% in 24h
Today's low: 0.11234$ | Today's high: 0.26000$
Positive from the chart:
1. Holding above MA99: 0.12467$ despite the drop
2. RSI: 68.60 → still has momentum and hasn't entered oversold
3. Volume (Vol) fell along with the drop = sell pressure eased
Negative:
Breaking 0.12937$ would send us to test 0.12662$ again
🎯 Rebound scenario:
Buy zone: 0.13030$ - 0.13200$ with stability above MA7
Targets: 0.13439$ → 0.13700$ → 0.14000$
🛑 Stop loss: break below 0.12483$ (today's low)
Summary: After a drop from 0.26$ to 0.11$, a corrective rebound is normal.
Most important thing is holding above 0.129$ to complete above 👆
Who's with us in the rebound? 👇
Today's low: 0.11234$ | Today's high: 0.26000$
Positive from the chart:
1. Holding above MA99: 0.12467$ despite the drop
2. RSI: 68.60 → still has momentum and hasn't entered oversold
3. Volume (Vol) fell along with the drop = sell pressure eased
Negative:
Breaking 0.12937$ would send us to test 0.12662$ again
🎯 Rebound scenario:
Buy zone: 0.13030$ - 0.13200$ with stability above MA7
Targets: 0.13439$ → 0.13700$ → 0.14000$
🛑 Stop loss: break below 0.12483$ (today's low)
Summary: After a drop from 0.26$ to 0.11$, a corrective rebound is normal.
Most important thing is holding above 0.129$ to complete above 👆
Who's with us in the rebound? 👇
