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$ONG ‌#AreYouBullishOrBearishToday?
📊 Market Structure
Strong bullish impulsive move from ~0.064 → 0.111
Followed by early distribution / pullback phase
Current price: ~0.102, holding above mid-trend support
This is a classic parabolic breakout → cooling consolidation pattern.
📈 Indicators Analysis
🔹 Bollinger Bands (20,2)
Price touched upper band (~0.115) → rejection
Now pulling back toward mid-band (~0.090–0.095 zone)
Bands are expanding → volatility high, trend still active
🔹 MACD (12,26,9)
Bullish but:
Histogram weakening
Signal lines flattening 👉 Indicates momentum loss, not full r

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