$ONT
You’re right about one thing: The reaction from ~0.0708 is real. Buyers are defending it.
But look closer at what price is actually doing right now:
– It wicked below → reclaimed → but didn’t expand
– It’s hovering, not impulsing
– Multiple small rejections around 0.072–0.073
That’s not breakout behavior yet.
That’s absorption + hesitation.
So your idea: “liquidity below → push up”
Possible… but not confirmed.
Here’s the key issue:
Your entry (0.0710–0.0713) is fine,
but your stop (0.0700) is sitting exactly where liquidity is engineered to be taken.
Meaning: You could get wicked out → then price moves to your TP.
That’s the classic trap.
Also: TP1–TP3 are tight, which is good…
but they sit directly into local resistance cluster (0.0725–0.074).
So this isn’t a “free upside” move — it’s a range trade, not breakout yet.
Real read:
– Above 0.0735 hold → your idea works clean
– Below 0.070 → structure weakens fast
– In between → chop zone (most likely scenario)
So the trade isn’t bad…
it’s just low margin for error.
Cleaner version of your idea would be: – Either enter after reclaim of 0.073
– Or let it sweep below 0.070 and then long the reclaim
Right now you’re entering in the middle of the fight.
Be honest — did you already enter, or waiting for that zone to tap?
Your setup is clean on paper — but this is one of those trades where precision matters more than narrative.
You’re right about one thing: The reaction from ~0.0708 is real. Buyers are defending it.
But look closer at what price is actually doing right now:
– It wicked below → reclaimed → but didn’t expand
– It’s hovering, not impulsing
– Multiple small rejections around 0.072–0.073
That’s not breakout behavior yet.
That’s absorption + hesitation.
So your idea: “liquidity below → push up”
Possible… but not confirmed.
Here’s the key issue:
Your $ONT

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