【$ONG Signal】Pullback to buy, main force's intention to support the market is clear

$ONG After a volume-driven long rally on the 4-hour chart, the price consolidates sideways around 0.0938. The 1-hour MACD shows a bearish crossover below the zero line, but the momentum bars are shrinking, indicating weakening bearish strength. The order book shows deep buy-side volume far exceeding sell-side, with a large number of buy orders stacked between 0.0937 and 0.0938, clearly supported by funds. The negative fee rate is as high as -0.99%, putting significant cost pressure on short positions.

🎯Direction: Long

⚡Entry/Orders: Layered entries in the 0.0872 - 0.0895 range

🛑Stop-loss: 0.0805

🚀Target 1: 0.1253

🚀Target 2: 0.1432

🛡️Trade Management:
- Execution strategy: After reaching the first target, reduce half of the position, and move the remaining stop-loss up to the entry price. If the price fails to hold above 0.0950 and drops below 0.0920 again, consider exiting early.

Position volume remains stable after the surge, with no large-scale profit-taking. The 1-hour RSI has fallen from overbought territory to a healthy zone, preparing for another upward move. The current risk-reward ratio exceeds 4, with a significant advantage in odds. Liquidity is usually weaker in the early weekend hours, but deep buy-side depth offsets some slippage risk. Major players are eager to support at this level, waiting for a technical pullback as a buying opportunity.

Check real-time market 👇 $ONG
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