$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

ONT
ONT
0.07863
+7.03%

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