ONT/USDT ANALYSIS

ONT is currently consolidating within a falling wedge pattern and has recently rebounded from the pattern’s support trendline. The Ichimoku Cloud is acting as a resistance barrier, aligning closely with the wedge’s upper boundary.

A confirmed breakout above both the wedge and the cloud would signal a potential bullish trend 📈

Ethereum Name Service is consolidating within the ascending triangle after a breakout from the broadening wedge pattern on the daily timeframe.

A break above the $22.50 resistance zone could target levels at $30.30, $36.00, and $46.00🎯