ONG Attempting Early Structure Shift

On the 4H chart, ONG is trying to transition from a sequence of LL into a more neutral structure. Price has started printing slightly higher lows while approaching a nearby resistance cluster, though it remains under the long EMA.

Momentum is gradually building and histogram shows improvement, suggesting pressure is building. If price breaks and holds above the recent swing high, continuation becomes more likely. If rejected and falls back below the higher low, the downtrend structure remains intact.