🔥 $ONT LONG 50X — SUPPORT ZONE IS BEING TESTED AGAIN!
While many people are still waiting for $ONT to confirm a breakout, I’m focusing on the 0.05860–0.05896 area — where the buyers have started to react.
The 4H timeframe still maintains a positive structure, while the Daily is moving sideways. If this support zone continues to be defended, $ONT could completely expand the current rebound upward toward higher levels.
📌 LONG plan:
🟢 Entry: 0.05860 – 0.05896
🎯 TP1: 0.06006
🎯 TP2: 0.06091
🎯 TP3: 0.06219
🛑 SL: 0.05708
What I like about this setup is that the 15M RSI is around 49, not yet in an overbought condition. That suggests the market still has room for price to keep rising if buying pressure returns.
Current volume is about 1.53M, lower than the expected 2.41M, so I don’t consider this a fully confirmed breakout. The 0.05860–0.05896 zone is the area that needs the closest monitoring.
⚠️ With 50X, even a single pullback sweep can cause the position to swing extremely strongly. So don’t turn a good setup into an all-in trade. SL is mandatory.
If ONT holds the activation zone → I prioritize letting the price run to TP1 → TP2 → TP3.
If 0.05708 is broken, the Long scenario becomes invalid and I’ll exit—no stubbornness.
🔥 This zone will determine whether the bulls truly have enough strength to pull ONT up or not.
While many people are still waiting for $ONT to confirm a breakout, I’m focusing on the 0.05860–0.05896 area — where the buyers have started to react.
The 4H timeframe still maintains a positive structure, while the Daily is moving sideways. If this support zone continues to be defended, $ONT could completely expand the current rebound upward toward higher levels.
📌 LONG plan:
🟢 Entry: 0.05860 – 0.05896
🎯 TP1: 0.06006
🎯 TP2: 0.06091
🎯 TP3: 0.06219
🛑 SL: 0.05708
What I like about this setup is that the 15M RSI is around 49, not yet in an overbought condition. That suggests the market still has room for price to keep rising if buying pressure returns.
Current volume is about 1.53M, lower than the expected 2.41M, so I don’t consider this a fully confirmed breakout. The 0.05860–0.05896 zone is the area that needs the closest monitoring.
⚠️ With 50X, even a single pullback sweep can cause the position to swing extremely strongly. So don’t turn a good setup into an all-in trade. SL is mandatory.
If ONT holds the activation zone → I prioritize letting the price run to TP1 → TP2 → TP3.
If 0.05708 is broken, the Long scenario becomes invalid and I’ll exit—no stubbornness.
🔥 This zone will determine whether the bulls truly have enough strength to pull ONT up or not.
