$ONT /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION LIKELY 🚀
Market Next Move (Bullish):
$ONT /USDT is showing bullish strength after a strong rebound from the 0.061–0.062 support zone. Price is holding above key intraday support and consolidating near the highs, indicating buyers are in control. As long as ONT sustains above the breakout level, the probability favors a continuation to the upside.
Immediate Explanation:
The chart shows higher lows with price trading above short-term moving averages, while volume remains healthy. This structure suggests accumulation rather than distribution, signaling a potential push toward the next resistance zones.
📊 Trade Setup (LONG)
Entry (Long): 0.0655 – 0.0665
Target 1 (TP1): 0.0680
Target 2 (TP2): 0.0710
Target 3 (TP3): 0.0750
Stop Loss (SL): 0.0620
(Risk-managed setup: SL below recent support)
🔍 Short Market Outlook
ONT/USDT remains bullish in the short term as long as price holds above 0.062. A clean break and hold above 0.067 could accelerate momentum toward higher targets. Losing 0.062 would invalidate the bullish setup and shift bias to neutral.
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