【$ONT Signal】Short squeeze continues, main force pushing in a bulldozer mode

$ONT 4-hour RSI skyrocketed to 81, and the price directly broke out of the upper Bollinger Band, indicating initial signs of a buy-side gap. But open interest remains unchanged, and in a negative funding rate environment, bears have no power to fight back. This is classic short squeeze fuel. The order book is疯狂撤单, with the main force clearly controlling the market.

🎯Direction: Long

⚡Entry: Enter immediately around the current price of 0.1136, or wait for a small pullback to around 0.1100 to set an ambush.

🛑Stop Loss: 0.0995

🚀Target 1: 0.1520

🚀Target 2: 0.1731

🛡️Trade Management:
- Execution Strategy: Take half profit at the first target, and move the remaining stop loss up to the entry price. If the price falls back to the entry point, it indicates exhausted momentum, and exit unconditionally.

In this kind of market, technical indicators are often dull; the core logic lies in capital game. Open interest remains high while the price keeps heading north, indicating that short positions are being continuously squeezed. Passive liquidation will further push the price higher. The sell wall above is around 0.1150; once eaten through by buying, space will open instantly. The risk-reward ratio exceeds 4, making it worthwhile to use a stop loss to chase the continuation of the main upward wave.

Check real-time market 👇 $ONT
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