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【$ONG Signal】Pullback to buy, main force defending intentions are clear
$ONG 1H-level surge followed by a pullback: buy-side depth is substantial, and capital support is clearly evident.
🎯 Direction: Long
⚡ Entry/Order placement: Stage orders and accumulate in the 0.0949 - 0.0973 range
🛑 Stop loss: 0.0860
🚀 Target 1: 0.1426
🚀 Target 2: 0.1652
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to breakeven. If the price falls back to the entry level, automatically exit to protect principal.
Position size stays stable, and the price holds firmly. In a negative funding-rate environment, short sellers face squeeze pressure. On the 4-hour timeframe, the MACD fast and slow lines are opening upward, and momentum is still expanding. On the 1-hour timeframe, the pullback moves to around the Bollinger middle band; the RSI falls from a high level back into a healthy range, providing another window to get on board. The order book shows frantic cancelations, but there are extremely thick buy orders around 0.1113 below, indicating the main force’s resolve to defend. Such a deep imbalance usually suggests the price is unlikely to drop sharply.
View real-time market 👇 $ONG
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