💎 ONG has recently demonstrated notable market dynamics, breaking out of the descending channel pattern, which signifies a bullish momentum shift towards upward movement. This suggests the potential for the price to continue climbing higher towards our target area.
💎 However, if ONG fails to sustain its upward trajectory, there's a likelihood of a retracement back to the support level or even the Bullish Order Block (OB) area around $0.287.
💎 This retest could serve as another opportunity for the price to reverse its momentum and resume its upward trajectory.
💎 ONG must bounce and maintain its position above the Bullish OB area. A breakdown below this level would indicate a continuation of the downward movement, potentially leading to further declines in price.
💎 However, if ONG fails to sustain its upward trajectory, there's a likelihood of a retracement back to the support level or even the Bullish Order Block (OB) area around $0.287.
💎 This retest could serve as another opportunity for the price to reverse its momentum and resume its upward trajectory.
💎 ONG must bounce and maintain its position above the Bullish OB area. A breakdown below this level would indicate a continuation of the downward movement, potentially leading to further declines in price.
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.