0.022 USD added in 24 hours – a 24.48% jump that still sits shy of the 4‑hour pivot.
A hidden trap may be forming around the EMA crossover; keep reading.
Price is nudging below the short‑term EMA7 (0.1063) while EMA25 sits higher (0.1076), a classic bearish tilt.
Funding is –0.351%, meaning longs are paying to stay, a subtle sign the market could pull back despite today’s rally.
On the 4‑hour chart the key zones are: the current pivot around the 0.116‑0.117 area, an invalidation ceiling near 0.122‑0.123, and a downside objective near the 0.106‑0.107 band. If $ONG loses the ~0.106 zone on a 4H close, the bearish view is off the table. Tap $ONG to pull up the chart and see these levels yourself.
My read: the 4‑hour structure points to a near‑term correction toward the 0.106‑0.107 zone, with the real risk if price breaches the 0.122‑0.123 ceiling.
Follow me for the next update on how $ONG reacts around the 0.106‑0.107 area – I’ll break down the next move when the price tests that zone.
What level of ONG are you watching most closely? 👇
⚠️ Not financial advice. DYOR.
#ONG #Crypto #BinanceSquare #TopGainer
A hidden trap may be forming around the EMA crossover; keep reading.
Price is nudging below the short‑term EMA7 (0.1063) while EMA25 sits higher (0.1076), a classic bearish tilt.
Funding is –0.351%, meaning longs are paying to stay, a subtle sign the market could pull back despite today’s rally.
On the 4‑hour chart the key zones are: the current pivot around the 0.116‑0.117 area, an invalidation ceiling near 0.122‑0.123, and a downside objective near the 0.106‑0.107 band. If $ONG loses the ~0.106 zone on a 4H close, the bearish view is off the table. Tap $ONG to pull up the chart and see these levels yourself.
My read: the 4‑hour structure points to a near‑term correction toward the 0.106‑0.107 zone, with the real risk if price breaches the 0.122‑0.123 ceiling.
Follow me for the next update on how $ONG reacts around the 0.106‑0.107 area – I’ll break down the next move when the price tests that zone.
What level of ONG are you watching most closely? 👇
⚠️ Not financial advice. DYOR.
#ONG #Crypto #BinanceSquare #TopGainer
