$ONT Testing Critical Levels – Breakout or Reversal Next?
$ONT is trading at $0.2012, showing strong volatility after a sharp move. Price action is sitting at a sensitive zone where momentum could shift either toward bullish continuation or bearish retracement.
Key Levels to Watch
• Resistance: $0.2100 – A breakout above this level could push toward $0.2200 and $0.2290.
• Support: $0.1980 – Losing this level may trigger downside toward $0.1900 and $0.1850.
Trade Setup – Potential Scenarios
Bullish Entry:
• A confirmed breakout above $0.2100 could target:
• TP1: $0.2200
• TP2: $0.2290
Bearish Entry:
• A breakdown below $0.1980 could target:
• TP1: $0.1900
• TP2: $0.1850
ONT is at a decisive point. Sustaining above $0.1980 may attract further buying, but a rejection here could invite deeper selling pressure.