【$ONG Signal】Pullback confirmation, bulls make a second push

$ONG 1H level pullback to EMA20 support is effective, price has completed chip exchange in the 0.091-0.093 range. The 4-hour MACD fast and slow lines remain above the zero line, indicating that bullish momentum is shrinking but the structure remains intact. The order book shows significantly deeper buy-side depth compared to sell-side, with clear intent to support.

🎯Direction: Long

⚡Entry: Enter immediately near the current price of 0.0922, or wait for a second position addition near 0.0915.

🛑Stop Loss: Below 0.0884

🚀Target 1: 0.1085

🚀Target 2: 0.1200

🛡️Trade Management:
- Execution Strategy: After the price reaches 0.1085, reduce position by 50% to lock in profits, and move the remaining stop loss up to 0.0980. If the price cannot hold above 0.0950 and falls back below the entry zone, exit proactively.

Position volume remains stable after sharp rally, with no large-scale profit-taking. The 1-hour RSI has healthy retraced from overbought territory to around 60, providing room for another upward move. Despite negative funding rates, the price remains resilient, with potential for short squeeze. The area around 0.110 above is a dense trading zone of previous highs; breaking through will open up space. The risk-reward ratio exceeds 1:4, making this trade highly attractive.

View real-time market 👇 $ONG
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