wait..🫵wait..🫵🚀 ONT/USDT PERP – MARKET ANALYSIS & TRADE SIGNAL
Current Price: 0.0670
Timeframe: 4H
24H Change: +24% 📈
ONT has just made a strong impulsive bullish move, but the price is now showing signs of short-term exhaustion.
🔍 Technical Analysis
RSI (6): ~86 → Market is in overbought zone
Large bullish candle → FOMO-driven buying
Small red candle forming → Profit-taking pressure
Resistance Zone: 0.069 – 0.070
Support Zone: 0.060 – 0.058
📌 Chasing longs at this level is high risk.
🎯 Trade Setup
🟢 Option 1: Pullback LONG (Recommended)
Entry Zone: 0.061 – 0.059
Targets:
TP1: 0.066
TP2: 0.070
TP3: 0.075
Stop Loss: 0.056
✅ Wait for RSI to cool down and bullish confirmation.
🔴 Option 2: SHORT (Scalp Only – High Risk)
Entry Zone: 0.0685 – 0.070
Targets:
TP1: 0.064
TP2: 0.061
Stop Loss: 0.072
⚠️ Trend is bullish — counter-trend trade only for experienced traders.
🧠 Trader Insight
Big candles create emotions, not opportunities.
Smart traders wait for retracements, not hype.
📌 Market Outlook
Mid-term trend: Bullish
Short-term: Pullback expected
Best approach: Wait → Confirm → Enter
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