$ONT Signal】Pullback to EMA20, confirm on the right side for a sniper entry


$ONT After a surge at the 1H level with decreasing volume, the price consolidates around 0.0637. The 4-hour MACD is bullish with the gap widening, but the 1-hour momentum bars are starting to shrink, indicating a need for short-term confirmation. The order book shows significant buy depth in the 0.062-0.063 range, revealing a clear support intent.

🎯Direction: Long

⚡Entry: Enter immediately near the current price of 0.0637, or wait for a pullback to 0.0628-0.0632 to accumulate in batches.

🛑Stop Loss: Below 0.0619

🚀Target 1: 0.0650

🚀Target 2: 0.0686

🛡️Trade Management:
- Execution Strategy: Reduce half of the position after reaching 0.0650, and move the remaining stop loss up to the entry price. If the price fails to hold above 0.0645 and drops below 0.0635 again, consider exiting early.

Position volume remains stable after the surge, with no large-scale withdrawals. The 1-hour RSI is around 72, high but not in extreme overbought territory. Coupled with negative funding rates, there is a possibility of a short squeeze. The sell orders from 0.0643 to 0.0655 are relatively thin, so a breakout could be rapid. The risk-reward ratio is close to 4:1, making this trade worth a try.

Check real-time market 👇 $ONT
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