$ONG — Bullish Continuation in Play After Strong 1H Breakout
Long
$ONG Entry: 0.0630 – 0.0620
Stop Loss: 0.0605
Targets:
Take Profit 1: 0.0658
Take Profit 2: 0.0678
Take Profit 3: 0.0705
Take Profit 4: 0.0735
ONG is showing solid strength on the 1H timeframe after a clean expansion move from the 0.056 zone to the 0.065+ area. Price is now consolidating near the highs, which often signals a possible continuation phase if buyers defend the breakout region.
Why this setup looks strong:
Strong bullish impulse with higher highs
Healthy pause near resistance instead of a full reversal
Volume expansion confirms momentum
Price is holding above the key breakout area around 0.062
Key Support: 0.0620 / 0.0605
Key Resistance: 0.0658 / 0.0678 / 0.0705
Bias: Bullish continuation
Estimated probability: 65–70%
⚠️ A clean break below 0.0605 would weaken the setup and favor a deeper pullback.
Trade
$ONG here
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