🔥 $ONG / USDT: 4H Structural Breakout & Liquidity Sweep Above $0.091
The 4-Hour (4H) chart for $ONG /USDT reveals an aggressive institutional expansion phase following a base build at $0.05464. Price spiked past overhead liquidity up to a local peak of $0.19500 before retracing into intermediate demand and now pushes upwards again toward $0.09121.
📊 Market Bias: Strongly Bullish (Post-Retracement Rebound)
Trend Analysis: On the 4H timeframe, ONG has reclaimed strong bullish momentum. Price is trading above the MA(7) ($0.08028), MA(25) ($0.07907), MA(99) ($0.05853), and the Bollinger Middle Band ($0.07587), currently breaking through the Bollinger Upper Band ($0.08965). The 4H Supertrend(10,3) baseline sits overhead at $0.09797 as the key resistance target for trend continuation.
🎯 Trade Setup: LONG (On Demand Zone Retest)
Action: LONG on a pullback into dynamic support.
Entry Zone: $0.07900 – $0.08250 (Confluence with MA(7) $0.08028 and MA(25) $0.07907)
Stop Loss (SL): $0.07300 (Placed below Bollinger Middle Band $0.07587 and intermediate structure support)
Take Profit 1 (TP1): $0.09797 (4H Supertrend Dynamic Resistance Target)
Take Profit 2 (TP2): $0.13000 (Intermediate Swing High Liquidity Level)
Take Profit 3 (TP3): $0.16600 (High-Timeframe Expansion Projection Target)
Risk:Reward (R:R): ~1:3.2 (to TP2)
Trade Invalidation: A 4H candle close below $0.07300 invalidates the bullish setup.
#ONG/USDT #ONGUSDT🚨 #Ongusdt #ONGUPDATE #Ong
The 4-Hour (4H) chart for $ONG /USDT reveals an aggressive institutional expansion phase following a base build at $0.05464. Price spiked past overhead liquidity up to a local peak of $0.19500 before retracing into intermediate demand and now pushes upwards again toward $0.09121.
📊 Market Bias: Strongly Bullish (Post-Retracement Rebound)
Trend Analysis: On the 4H timeframe, ONG has reclaimed strong bullish momentum. Price is trading above the MA(7) ($0.08028), MA(25) ($0.07907), MA(99) ($0.05853), and the Bollinger Middle Band ($0.07587), currently breaking through the Bollinger Upper Band ($0.08965). The 4H Supertrend(10,3) baseline sits overhead at $0.09797 as the key resistance target for trend continuation.
🎯 Trade Setup: LONG (On Demand Zone Retest)
Action: LONG on a pullback into dynamic support.
Entry Zone: $0.07900 – $0.08250 (Confluence with MA(7) $0.08028 and MA(25) $0.07907)
Stop Loss (SL): $0.07300 (Placed below Bollinger Middle Band $0.07587 and intermediate structure support)
Take Profit 1 (TP1): $0.09797 (4H Supertrend Dynamic Resistance Target)
Take Profit 2 (TP2): $0.13000 (Intermediate Swing High Liquidity Level)
Take Profit 3 (TP3): $0.16600 (High-Timeframe Expansion Projection Target)
Risk:Reward (R:R): ~1:3.2 (to TP2)
Trade Invalidation: A 4H candle close below $0.07300 invalidates the bullish setup.
#ONG/USDT #ONGUSDT🚨 #Ongusdt #ONGUPDATE #Ong
