$ONT USDT – RARE BOUNCE SIGNAL OR TRAP?
While many are calling this a trap,
#ONT is showing signs of a potential short-term bounce from key levels.
TRADE PLAN – LONG IDEA
Entry Zone: 0.0805 – 0.0807
Stop Loss: 0.0792
TARGETS
TP1: 0.0817
TP2: 0.0824
TP3: 0.0834
WHY THIS SETUP?
• 4H structure supports a short-term long setup
• 15m RSI near oversold (~32) suggests bounce potential
• Tight entry zone offers clear risk-to-reward positioning
MARKET VIEW
Price is sitting near range lows, where reactions typically occur. If buyers step in, a relief move toward upper levels is likely.
KEY QUESTION
Is this a clean bounce from support… or just a temporary move before continuation lower?