ONG SLIDES INTO SUPPORT ZONE đâ ď¸
The $ONG price ripped through the $0.10172 midârange order block early in the session, unleashing a wave of bearish momentum that has now pulled the asset down 16.9% in 24âŻhours. Large desks appear to be draining liquidity from the upper band, feeding a sharp sellâoff that aligns with a broader macroâlevel asset accumulation shift across the altcoin sector đ§. Volume remains robust at $64âŻM, suggesting the downâtrend is institutionally backed rather than a fleeting retail panic âĄ.
Current price action is testing the $0.09175 support zone, a level that has held briefly during the previous correction. A clean break below this threshold could signal a structural breakdown, while a rebound and hold would hint at a healthy correction and a possible pivot toward the $0.10172 midârange. The nearby resistance cluster near $0.11160 still looms, but it remains out of reach unless momentum reverses sharply.
Levels to monitor:
Watching support around $0.09175
Structure suggests resistance near $0.11160
Mid range area: $0.10172
DYOR
Follow for Updates
#ONG #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $ONG price ripped through the $0.10172 midârange order block early in the session, unleashing a wave of bearish momentum that has now pulled the asset down 16.9% in 24âŻhours. Large desks appear to be draining liquidity from the upper band, feeding a sharp sellâoff that aligns with a broader macroâlevel asset accumulation shift across the altcoin sector đ§. Volume remains robust at $64âŻM, suggesting the downâtrend is institutionally backed rather than a fleeting retail panic âĄ.
Current price action is testing the $0.09175 support zone, a level that has held briefly during the previous correction. A clean break below this threshold could signal a structural breakdown, while a rebound and hold would hint at a healthy correction and a possible pivot toward the $0.10172 midârange. The nearby resistance cluster near $0.11160 still looms, but it remains out of reach unless momentum reverses sharply.
Levels to monitor:
Watching support around $0.09175
Structure suggests resistance near $0.11160
Mid range area: $0.10172
DYOR
Follow for Updates
#ONG #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare