🚀 $ONT Spike → Rejection → Sideways Range..
👉 Sudden spike (liquidity grab)
👉 Immediate rejection from highs
🧠 Market Structure
Strong impulsive move up ✔️
No continuation after spike ❗
Tight consolidation forming ⚠️
👉 Structure: Spike → Distribution → Range
🔴 SHORT (High Probability)
Entry: 0.072 – 0.075
Stop Loss: 0.082
Targets:
TP1 → 0.070
TP2 → 0.065
TP3 → 0.060
👉 Expect: range breakdown → continuation down