🔥 $ONT trend still looks bullish to me, but there's some short-term pullback vibes creeping in after that nice run.
*Volume check:
24h volume is sitting at around 916M, which is way higher than the usual (some days lately were under 50M). Paired with that +25.8% price jump, it screams real buying pressure. The recent candles show bigger volume on the up moves, so momentum feels legit.
*Capital flow stuff:
- Contracts: mostly net inflows across timeframes (24h ~1.6M USDT, 7d ~1.5M USDT)—people are definitely adding leverage and going long.
- Spot: mixed but positive inflows (24h +127k USDT, 7d +81k USDT), looks like some accumulation happening.
- Short-term (1h +227k, 2h +1.2M) lines up perfectly with the recent pump.
*My take $ONT : Cautiously bullish. I'd consider going long, but with tight risk—don't get greedy.
*Entry ideas:
- Prefer a dip buy near support: around Support at 0.0511 or even the lower Bollinger (~0.0462) if it tests there.
- More aggressive? Wait for a clean push above resistance at 0.0559, preferably with good volume to show it's legit.
Stop-loss: if enter at 0.0511, SL around 0.0496.
*Targets $ONT :
- First realistic one: at 0.0588 or middle Bollinger ~0.0595
- If it keeps ripping: next resistance 0.0607 could come into play.
Anyone else riding this or waiting for a better dip? #ont #Ontusdt #Ontology