$ONG ONG Spiked to 0.05592 and Got Rejected Instantly — But I'm Still Watching It Closely 👁️
That spike wasn't organic — it was a liquidity grab. Price shot to 0.05592 then got dumped straight back down.
But here's what I noticed: MACD is crossing up from the bottom, RSI bounced off oversold, and price is holding EMA20.
The real move hasn't happened yet.
My Trade Plan:
📥 Entry Zone: 0.04400 – 0.04590 (EMA20 base)
🎯 Target 1: 0.05189
🎯 Target 2: 0.05592
🛑 Stop Loss: 0.04200 (below structure)
I need to see EMA50 broken cleanly before I fully commit. Patience here is everything.
DYOR | NFA