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【$ONT Signal】Pullback to buy, main force clearly intends to support
$ONT 1H level consolidating at high position, 4H MACD golden cross with continuous volume increase. The order book shows deep buy-side support, with dense orders in the 0.0600 to 0.0613 range, fully exposing the capital support intention. Under a negative fee environment, open interest remains stable, and bears face squeeze risk.
🎯Direction: Long
⚡Entry/Order: Gradually accumulate in the 0.0578 - 0.0593 range
🛑Stop loss: 0.0572
🚀Target 1: 0.0677
🚀Target 2: 0.0719
🛡️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 into the entry zone, automatically exit to protect principal.
The 4-hour Bollinger middle band at 0.0558 provides strong support. Although there is a slight pullback on the 1-hour chart, trading volume has significantly decreased, indicating limited selling pressure. Open interest has not declined during price oscillation, showing main capital has not exited. The current risk-reward ratio exceeds 4, making this position worth risking limited capital to attempt a restart of bullish momentum.
View real-time market 👇 $ONT
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