$ONG just delivered the kind of move that gets traders' attention. After spending hours grinding sideways around the 0.044–0.046 area, buyers stepped in aggressively and squeezed price straight into 0.0559. The pullback that followed is normal after a vertical candle, but the key thing I'm watching is whether bulls can hold above the breakout zone instead of giving the whole move back.
Setup:
• Entry: 0.0475 – 0.0490
• Target 1: 0.0559
• Target 2: 0.0600
• Target 3: 0.0650
• Stop-loss: 0.0440
The important part isn't the spike to 0.0559. It's how price behaves after the excitement fades. Right now, the chart is trying to build acceptance above the old range, which is exactly what strong breakout candidates do. If buyers keep defending the 0.047–0.048 area, I wouldn't be surprised to see another push toward fresh highs. For now, momentum remains with the bulls, but holding the breakout zone is what matters most.
Trade #Ong here
ONG
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