【$ONG Signal】Pullback to go long, short squeeze structure begins to form

$ONG 4-hour chart shows a large bullish candle piercing through the upper band, RSI hits 80, with a clear gap in buying volume. The current price is consolidating around 0.1038, with a 1-hour chart showing decreasing volume and sideways consolidation, as selling pressure is being absorbed by dense buy orders below.

🎯Direction: Long

⚡Entry/Order: 0.1006 - 0.1013 range for ambush

🛑Stop Loss: 0.0941

🚀Target 1: 0.1304

🚀Target 2: 0.1449

🛡️Trade Management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.

Order book data shows heavy buy orders in the 0.1029 to 0.1030 area, indicating a strong support intent. The 4-hour MACD shows a bullish crossover with the histogram expanding, indicating ongoing bullish momentum. Under this structure, chasing high directly carries higher risk, but the risk-reward ratio for a pullback to key support zones is very attractive, making it worth setting up.

View real-time market 👇 $ONG
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