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【$ONG Signal】Long + Volume and Price Breakout
$ONG Strong breakout after a 23% increase in volume, with order book showing continuous absorption of buy orders. Open interest is rising simultaneously, indicating that the main force is entering the market rather than a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.0945 - 0.0975
🛑 Stop Loss: 0.0890 ( Rigid Stop Loss )
🚀 Target 1: 0.1080
🚀 Target 2: 0.1180
$ONG Price Action (PA) shows that the breakout is accompanied by high trading volume and increasing open interest, which is a healthy bullish signal. The price consolidates above a key resistance zone without large-scale profit-taking selling pressure, indicating strong buying control. The retracement on lower timeframes is quickly absorbed, and market sentiment leans towards continued bullishness. As long as the price remains above the breakout zone, the upward path is clear.
Trade here 👇 $ONG
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