$ONT Short Liquidation: $2.0547K at $0.0681
Short sellers were caught off guard as ONT pushed above the $0.0681 level, triggering stop losses from overleveraged shorts positioned around local resistance. Price moved cleanly through the liquidation zone, indicating controlled upside pressure rather than erratic volatility. Liquidity was absorbed efficiently, suggesting buyers stepped in with intent.
Entry (EP): $0.0674
Take Profit (TP): $0.0718
Stop Loss (SL): $0.0659
Market Outlook:
$ONT is showing short-term bullish momentum after clearing weak short positioning near resistance. As long as price holds above the liquidation level, continuation toward higher resistance zones remains likely. Volatility is active stay patient, wait for confirmation, and manage risk with discipline.
