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【$ONT Signal】1H pullback accumulation, placing orders to go long
$ONT 4H Bollinger Band middle line around 0.0593 with dense orders, 1H MACD bearish momentum bars narrowing, RSI in neutral zone at 50. Funding rate -0.2778% indicates crowded shorts, OI stable, potential short squeeze conditions.
🎯Direction: Watch (place orders to go long)
⚡Entry/Order: 0.0607 - 0.0620
🛑Stop loss: 0.0602
🚀Target 1: 0.0628
🚀Target 2: 0.0631
🛡️Trade management: Reduce 50% at Target 1, move stop loss to entry price. If it falls below 0.0602, trigger stop loss to exit.
(4H volume contracts, buy depth at 1.25 suggests support below. Be cautious of extreme bearish funding rates indicating potential short squeeze, but risk-reward ratio is average, only place low buy orders and avoid chasing highs.)
Check real-time market 👇 $ONT
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