【$ONT Signal】Pullback to buy, main force's bottom support intention is clear

$ONT After a surge on the 1H timeframe, a pullback occurs. The buying depth in the 0.0605-0.0615 range is unusually thick, fully exposing the capital support intention. The 4-hour MACD is bullishly golden cross above zero, indicating that the bullish momentum is still expanding, but the volume on the 1-hour timeframe has slightly contracted, which is healthy profit-taking.

🎯Direction: Long

⚡Entry/Order: Layered accumulation in the 0.0566 - 0.0580 range

🛑Stop Loss: 0.0562

🚀Target 1: 0.0652

🚀Target 2: 0.0689

🛡️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 into the entry zone, automatically exit to protect capital.

Position remains stable. After a sharp price increase, no large-scale liquidations occurred, indicating strong confidence among bulls. The negative funding rate provides natural fuel for short squeeze, continuously squeezing out shorts. The 1-hour RSI has fallen back to around 65 from a high level, gathering strength for another upward move. The order wall below is solid evidence of the main force's support, with a risk-reward ratio exceeding 4 times. This setup is worth trying.

View real-time market 👇 $ONT
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