【$ONT Signal】Pullback to add long / Breakout on the right side

$ONT After a violent surge on the 1H timeframe followed by a volume decrease and pullback, the price is hovering above the upper Bollinger Band. The 4-hour MACD fast and slow lines are widening continuously, open interest remains stable, and the price remains resilient in a negative funding rate environment. This is a typical precursor to a short squeeze structure.

🎯 Direction: Long

⚡ Entry/Order: Enter a small position near the current price of 0.1047 to test the long side. Conservative traders can place orders in the 0.0842 - 0.0864 range.

🛑 Stop Loss: 0.0795

🚀 Target 1: 0.1138

🚀 Target 2: 0.1276

🛡️ Trading Management:
- Execution Strategy: After reaching the first target, halve the position. Move the remaining stop loss up to the entry price. If the price cannot hold above 0.1040 and drops with increased volume, exit immediately and wait.

The order book depth shows significant buy-side support, with a buy/sell ratio of 1.62 indicating strong willingness to absorb downward pressure. The 1-hour RSI is as high as 81, indicating short-term overbought conditions, but the 4-hour momentum remains healthy. Such divergence is common in short squeeze scenarios. Open interest has not collapsed with the price surge, indicating that longs have not taken large profits and funds are still actively betting. The current risk-reward ratio is close to 4:1, making it worthwhile to use a smaller position to target upside potential.

View real-time market 👇 $ONT
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‍#四月行情预测 #加密市场普遍上涨 #金银同步走强