【$ONG Signal】Buyer's gap exposed, pull back to sniper long positions

$ONG 1H timeframe shows volume shrinking after a rally, RSI at 70.49 indicates overbought momentum. The upper band of the 4H Bollinger Bands at 0.1046 shows clear resistance, MACD histogram contracting, indicating the bullish momentum is temporarily pausing. Market data reveals key information: a very thick buy wall in the 0.1000 to 0.1001 range, but sparse sell orders above, suggesting that major players are defending this key level but lack the willingness to push higher continuously.

🎯Direction: Pull back to go long

⚡Entry: Gradually accumulate in the 0.0885 - 0.0907 range

🛑Stop loss: Below 0.0818

🚀Target 1: 0.1265

🚀Target 2: 0.1444

🛡️Trade management:
- Execution strategy: After reaching the first target, halve the position, and move the remaining stop loss to the entry price. If the price cannot hold above 0.0950, consider exiting early.

The extreme negative funding rate of -1.03%, combined with stable open interest, forms a classic short squeeze structure. The 1-hour EMA20 at 0.0912 provides dynamic support, closely aligning with the suggested entry zone. The current risk-reward ratio is 4, with a clear advantage in odds, but caution is needed: if the price directly breaks below the thick buy wall at 0.1000, the defending logic fails, and strict stop-loss execution is required.

View real-time market 👇 $ONG
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