【$ONT Signal】Short squeeze continues, buy the dip

$ONT 1H high-level consolidation, 4H Bollinger Bands fully expanded, price has broken above the upper band. RSI on the 1H chart surged to 81, and the 4H is also approaching 79, indicating strong momentum but entering overbought territory. MACD on the 4-hour chart shows the double lines continuously diverging upward, and the histogram is still expanding.

🎯Direction: Long

⚡Entry: Buy in stages on dips around 0.0901 - 0.0924

🛑Stop Loss: Below 0.0832

🚀Target 1: 0.1294

🚀Target 2: 0.1478

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.1050, consider taking partial profits early.

Negative funding rates combined with stable open interest indicate that short sellers are passively paying fees, and the short squeeze structure remains intact. On the 1-hour level, buy order depth is clearly accumulated around 0.1060-0.1070, but there is a thick sell wall near 0.1080 above, which may hinder the first attempt to break through. This order book structure suggests that the main players are not eager to break through all at once, preferring to consolidate and then push higher. Volume on the 4-hour chart surged during the most recent bullish candle, confirming genuine buying pressure. The current risk-reward ratio is close to 4:1, making it worthwhile to use a smaller stop loss to bet on trend continuation. The key is patience at entry points to avoid chasing at short-term emotional peaks.

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‍#四月行情预测 #加密市场普遍上涨 #金银同步走强