$ONT | Short Liquidation Alert

A $6.86K short position has been liquidated at $0.0618, signaling buy-side aggression stepping in at this level.

Market Insight:

$ONT Short liquidation indicates downside rejection

Liquidity grab below recent structure, followed by absorption

Potential relief bounce or trend continuation if volume sustains

$ONT Trader Focus:

Monitor for higher low formation above $0.0618

Break and hold above nearby resistance may trigger momentum expansion

Loss of this level could lead to range continuation

Bias: Cautiously Bullish

Risk: Low liquidity environment — manage size carefully

ONT

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