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【$ONT Signal】Pullback to add long positions, main force's bottom support clearly indicated
$ONT 1H level pullback key EMA support, strong buying depth, capital support fully exposed. Although the 4-hour MACD is converging, the overall trend remains intact, open interest stable, and prices are holding up in a negative funding rate environment. This is a typical precursor to a short squeeze structure.
🎯Direction: Long
⚡Entry/Order: 0.0587 - 0.0599
🛑Stop Loss: 0.0572
🚀Target 1: 0.0652
🚀Target 2: 0.0679
🛡️Trade Management:
- Execution Strategy: Reduce 50% of positions 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 principal.
Market depth shows heavy orders in the 0.0587 to 0.0593 range, which is the main force’s pre-set defense line. The 1-hour RSI stabilizes around 52, with healthy momentum. The 4-hour price remains above the middle Bollinger Band, and the structure is intact. Open interest has not decreased with the price correction, indicating funds are not leaving but actively supporting at this level. The negative funding rate reduces holding costs for longs, increasing the likelihood of a short squeeze. The risk-reward ratio exceeds 2, making this setup worth a try.
View real-time market 👇 $ONT
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