Ontology (ONT) 4-Hour Chart Technical Analysis

The current price is around 0.0684, and a bullish signal has been initially established. The K-line has been running for over 1000 candles. From a technical perspective, there is still momentum for this rally, but changes should also be monitored.

In terms of trading strategy, you can use the 0.0661 level as a dynamic reference, which is an important stop-loss level. The main resistance levels above are at 0.0700, 0.0733, and 0.0750, while support levels below are at 0.0673, 0.0646, and 0.0639.

The short-term strategy leans towards: buying on dips above the trend start point, with a target of 0.0700. However, caution is needed as the MACD momentum shows signs of slowing down. After an initial rise, profit-taking corrections are common, especially if the price falls below 0.0661, which may lead to a retest of the dense support zone below. Therefore, risk management is crucial.