ONG up 13.10% and RSI is still at 53.9. That's the crazy part š„
Most pumps push RSI into overbought territory (>70). Not this one. Price at $0.127 with RSI sitting neutral on both timeframes (4H: 53.9, Daily: 57.5). This means there's genuine room to run before exhaustion kicks in.
The Setup:
Strong uptrend on the 4H with price above both MAs (7-SMA $0.119, 25-SMA $0.124). Volume increasing at 1.32x ā steady buying, not a pump-and-dump. MACD is bullish on both timeframes. This is accumulation with momentum.
Trade Plan (LONG):
š Entry: $0.1216 - $0.1325
š Stop: $0.1413
šÆ TP1: $0.132
šÆ TP2: $0.137
šÆ TP3: $0.142
The key signal: 4H RSI breaking above 60 confirms the next leg up.
Have you traded ONG before? What's your experience? š
#ONG #Altseason #DYOR
ā ļø This is not financial advice. Always do your own research and manage risk carefully.
Most pumps push RSI into overbought territory (>70). Not this one. Price at $0.127 with RSI sitting neutral on both timeframes (4H: 53.9, Daily: 57.5). This means there's genuine room to run before exhaustion kicks in.
The Setup:
Strong uptrend on the 4H with price above both MAs (7-SMA $0.119, 25-SMA $0.124). Volume increasing at 1.32x ā steady buying, not a pump-and-dump. MACD is bullish on both timeframes. This is accumulation with momentum.
Trade Plan (LONG):
š Entry: $0.1216 - $0.1325
š Stop: $0.1413
šÆ TP1: $0.132
šÆ TP2: $0.137
šÆ TP3: $0.142
The key signal: 4H RSI breaking above 60 confirms the next leg up.
Have you traded ONG before? What's your experience? š
#ONG #Altseason #DYOR
ā ļø This is not financial advice. Always do your own research and manage risk carefully.