$ONT /USDT BULLISH MOMENTUM CONTINUATION
ONT has printed a strong impulsive breakout on the 1H timeframe, delivering a sharp expansion of more than 30% from the base near the 0.058–0.060 accumulation zone. The structure remains bullish, with price holding well above the Parabolic SAR and forming a healthy pullback after the vertical move. This consolidation looks constructive rather than distributive, suggesting buyers are still in control as long as key support holds.
If ONT continues to respect the current higher-low region and volume stays supportive, another leg toward the recent high and beyond remains likely.
Trade Setup
Bias: Bullish
Entry Zone: 0.080 – 0.084
Target 1: 0.088
Target 2: 0.094
Target 3: 0.100
Stop-Loss: 0.074
Risk Management:
Trade with controlled position size, avoid chasing extended candles, and secure partial profits near resistance while trailing the stop to protect gains.