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【$ONT Signal】Pullback to buy, main force clearly intends to support
$ONT 1H timeframe surged higher then sideways at high levels, 4H Bollinger Bands have broken out of the upper band, RSI soared to 78, indicating short-term overbought. But open interest remains stable, negative funding rates persist, and there is a risk of short squeeze. The order book below 0.081 is heavily stacked, showing clear support from funds.
🎯Direction: Long
⚡Entry/Order: 0.0714 - 0.0732
🛑Stop Loss: 0.0672
🚀Target 1: 0.0974
🚀Target 2: 0.1094
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
The 4-hour MACD fast and slow lines are opening upward, and momentum is still expanding. The 1-hour volume is shrinking, indicating a healthy correction. Current risk-reward ratio exceeds 4, with sufficient odds. Strong buy orders are stacked in the 0.080 to 0.081 area below, quickly absorbing selling pressure. In this structure, deep corrections are opportunities.
View real-time market 👇 $ONT
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