$ONT IS DEFENDING LOCAL SUPPORT STRUCTURE AS BUYERS STEP IN ๐ฏ
Entry: 0.04530 - 0.04545 ๐ฅ
Target: 0.04570, 0.04595, 0.04615 ๐
Stop Loss: 0.04505 โ ๏ธ
The price action on $ONT shows a clear rejection of the 0.04505 liquidity zone, suggesting buyers are absorbing the recent sell-off. A sustained break above 0.04570 is necessary to confirm the shift in momentum and invalidate the current bearish bias.
Watch for volume expansion on the lower timeframes to validate this reversal attempt. Are you looking to scale out at the first target or hold for the full range?
Not financial advice. Always manage your risk.
#ONT #LongSetup #Crypto #MarketStructure
๐ฏ
Entry: 0.04530 - 0.04545 ๐ฅ
Target: 0.04570, 0.04595, 0.04615 ๐
Stop Loss: 0.04505 โ ๏ธ
The price action on $ONT shows a clear rejection of the 0.04505 liquidity zone, suggesting buyers are absorbing the recent sell-off. A sustained break above 0.04570 is necessary to confirm the shift in momentum and invalidate the current bearish bias.
Watch for volume expansion on the lower timeframes to validate this reversal attempt. Are you looking to scale out at the first target or hold for the full range?
Not financial advice. Always manage your risk.
#ONT #LongSetup #Crypto #MarketStructure
๐ฏ