【$ONT Signal】Pullback to go long / Capital support exposure revealed

$ONT 1H level pullback to key moving averages, this signal is too fake, but the order book in the 0.0585-0.0602 range below is very thick, fully exposing the capital support intention. The 4H MACD remains above the zero line, open interest is stable, and the bearish drop is quickly absorbed.

🎯Direction: Long

⚡Entry/Order: 0.0585 - 0.0602

🛑Stop Loss: 0.0583

🚀Target 1: 0.0668

🚀Target 2: 0.0702

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back to the entry level, automatically exit to protect the principal.

In a negative fee environment, open interest has not decreased, indicating a risk of short squeeze. The lower band of the 1-hour Bollinger Bands coincides with EMA20, forming a resonance support. Market depth data shows buy orders significantly outweigh sell orders, with clear main force support actions. Under this structure, the risk-reward ratio exceeds 3.5, making it worth laying in wait.

View real-time market 👇 $ONT
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