$ONG /USDT BULLISH BREAKOUT CONTINUATION SETUP WITH MOMENTUM BUILDING
The chart structure shows a strong bullish recovery after forming a solid base near the recent lows. Price has broken above short-term resistance and is maintaining higher lows, indicating sustained buying pressure. The expansion in volume supports the breakout, suggesting that momentum is likely to continue in the upward direction.
Moving averages are aligning bullishly, while price action is holding above key support zones, confirming trend strength. The recent consolidation below resistance has now transitioned into a breakout phase, which typically leads to continuation if buyers remain in control.
Trade Setup: LONG
Entry Zone: 0.08800 – 0.09100
Stop Loss: 0.08200
Targets:
TP1: 0.09750
TP2: 0.10270
TP3: 0.11000
A successful hold above the breakout zone increases the probability of hitting higher targets, while failure to sustain momentum could lead to a retest of support.
Risk Management:
Risk only 1–2% of total capital per trade. Avoid over-leveraging and consider partial profit booking at each target to secure gains while letting remaining position ride the trend.
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