【$ONT Signal】Short squeeze pullback, sniper long second assault

$ONT After a violent surge on the 1H timeframe, RSI skyrocketed to 80, indicating short-term exhaustion of buying momentum, requiring a healthy pullback. The 4H Bollinger Band just pierced the upper band, and the price needs to move toward the middle band for support.

🎯Direction: Long (pullback for entry)

⚡Entry/Order: Enter around 0.053

🛑Stop Loss: Below 0.051

🚀Target 1: 0.060

🚀Target 2: 0.063

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

Negative funding rate as high as -0.4%, but open interest remains stable, and the price stubbornly stays around 0.062. This is a typical short squeeze structure, with shorts paying to hold their positions. The 1H MACD fast line is strongly upward, with the histogram continuously expanding, indicating that bullish momentum has not fully faded. The order book shows extremely thick buy orders below 0.062, with clear support intentions. This pullback is the last chance for those who haven't entered yet, with a risk-reward ratio close to 4:1, worth a try.

Check real-time market 👇 $ONT
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