$ONT is currently trading at 0.1482 USDT, showing a ranging market structure.
It is near the support level of 0.1476 USDT, providing a potential pullback entry opportunity.
A break above the resistance at 0.1507 USDT could signal a bullish reversal.
However, with the RSI at a neutral 40.38, momentum is lacking.
Traders should be cautious of Bitcoin's volatility and macroeconomic trends that could impact the overall market.