That $ONT 'pump' was a textbook trap❌
Look at the chart: a massive spike followed by an immediate retracement. With zero follow-through and a dying volume profile, there’s no reason for this to stay up.
Bulls are trapped, and the funding rate won't save them if there’s no spot demand. I’m entering a Market Short right now.
The Move Short at Market
The Logic: Exhaustion + Volume Collapse.
Timing is everything. Hit it before the floor drops.
ONTUSDT
Perp
0.0598
-2.76%