【$ONT Signal】Pullback to add longs, short squeeze still expected

$ONT 1H timeframe consolidating at high levels, 4H Bollinger Bands opening upward, price stabilizing above the upper band. MACD has a bullish crossover with increasing volume, but the 1-hour histogram begins to shrink, indicating slightly waning momentum.

🎯Direction: Long

⚡Entry/Order: 0.0727 - 0.0745

🛑Stop Loss: 0.0682

🚀Target 1: 0.0998

🚀Target 2: 0.1125

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Position size remains stable; after a significant intraday rally, there was no capital outflow, indicating strong momentum. Currently, the funding rate has been driven into deep negative territory, with short positions at very high costs. If the price refuses to undergo a deep correction, a short squeeze is highly likely. The order book shows dense bids below 0.080, clearly indicating support. Although the 1-hour RSI is in the overbought zone, the 4H timeframe still has room to move higher. Such multi-cycle divergence is common in short squeeze structures. The risk-reward ratio exceeds 4:1, making it worthwhile to bet on further upside with limited risk.

View real-time market 👇 $ONT
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