$ONG went from $0.059 to $0.1605… then got absolutely slapped back to $0.0866 😭
Still +45.9% on the day, still doing $1.06B volume… but that 1H structure is messy now. Big expansion, violent rejection, now trying to breathe around $0.083-$0.087.
This is where it gets interesting.
$0.083-$0.086 = reaction zone
back above $0.092-$0.095 and momentum can wake up again
then $0.105 / $0.120 comes back into view
Lose $0.080 though… and that whole vertical move starts looking like exit liquidity 💀
$ONG is still tradable.
just not sleepy anymore.
Still +45.9% on the day, still doing $1.06B volume… but that 1H structure is messy now. Big expansion, violent rejection, now trying to breathe around $0.083-$0.087.
This is where it gets interesting.
$0.083-$0.086 = reaction zone
back above $0.092-$0.095 and momentum can wake up again
then $0.105 / $0.120 comes back into view
Lose $0.080 though… and that whole vertical move starts looking like exit liquidity 💀
$ONG is still tradable.
just not sleepy anymore.
