【$ONT Signal】Breakout above the upper Bollinger band on the 4H chart, retracement on the 1H to go long

$ONT The 4H Bollinger upper band at 0.0634 has been broken, opening up; MACD histogram continues to expand, bullish momentum has not yet exhausted. But the 1H volume sharply dropped from 400 million to 70 million, indicating weakening buying pressure. Funding rate -0.625%, bears crowded but price does not fall, forming a potential short squeeze structure. A retracement to around 0.0605 is a good entry for long positions.
🎯Direction: Long
⚡Entry/Order: 0.0605
🛑Stop loss: 0.0593
🚀Target 1: 0.0639
🚀Target 2: 0.0642
🛡️Trade management: After reaching target 1, reduce position by 50%, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.
Depth logic: OI stable, short funding rate very low, once price stabilizes, short covering will push the price up. Current risk-reward ratio is about 1:0.3, not excellent, but negative funding rate is a potential trigger point.
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