ONTUSDT Perp – Short-Term Market Update (15m) 📉📊

ONT is trading near 0.0618 after a sharp pullback, showing weak short-term structure.

Key Observations

Clear downtrend with lower highs & lower lows

Price holding below mid Bollinger Band (≈0.0637)

Lower BB support tested around 0.0613

Volume spike on sell-off → distribution pressure

Key Levels

Resistance: 0.0635 → 0.0660

Support: 0.0613 → 0.0605

Bias

Below 0.0637 → bearish / range-to-downside

Breakdown below 0.0610 → continuation toward 0.0600

Reclaim above 0.0640 needed for trend shift

⚠️ Caution on longs until structure flips; shorts favored on pullbacks into resistance.

#ONTUSDT #CryptoTrading #perp #BollingerBandsv #MarketUpdates" 📊$ONT