๐ Technical update $ONG - Potential entry opportunity!
After we achieved all goals from 0.110
Current situation: After a strong bullish wave and testing the top at 0.13625, the price is currently going through a temporary bearish correction phase. The RSI indicator is stable around levels (55-59), which provides room to build fresh upward momentum.
๐ฏ Entry plan
We have two scenarios for a safe entry:
1๏ธโฃ Buy at support (bounce): between 0.12180 and 0.12300 with the appearance of bullish reversal signals.
2๏ธโฃ Buy on breakout (confirmation): after a clear candle closes above 0.13130 to ensure the correction has ended.
๐ฏ Targets
First target: 0.1360
Second target: 0.1420
Third target: 0.1500
๐ Stop loss
A clear close below 0.1190
After we achieved all goals from 0.110
Current situation: After a strong bullish wave and testing the top at 0.13625, the price is currently going through a temporary bearish correction phase. The RSI indicator is stable around levels (55-59), which provides room to build fresh upward momentum.
๐ฏ Entry plan
We have two scenarios for a safe entry:
1๏ธโฃ Buy at support (bounce): between 0.12180 and 0.12300 with the appearance of bullish reversal signals.
2๏ธโฃ Buy on breakout (confirmation): after a clear candle closes above 0.13130 to ensure the correction has ended.
๐ฏ Targets
First target: 0.1360
Second target: 0.1420
Third target: 0.1500
๐ Stop loss
A clear close below 0.1190