$ONT /USDT TECHNICAL ANALYSIS ā BULLISH MOMENTUM BUILDING šš
Current Price: $0.1349
ā Market Bias: Bullish
ONT is showing signs of strength after bouncing from the support zone around $0.1272, forming higher lows and consolidating above key levels. The price is now hovering just below the immediate resistance at $0.1357. A breakout above this level could lead to a strong upside move.
š Key Levels:
Support: $0.1300 / $0.1272
Resistance: $0.1357 / $0.1380
š Trade Setup (LONG):
Entry: $0.1350 (on breakout confirmation)
Take Profit (TP):
TP1: $0.1380 šÆ
TP2: $0.1425 šÆ
Stop Loss (SL): $0.1305 ā
š”ļø Risk Management:
Always use 2% or less of your capital per trade. Stick to your SL and adjust TP based on momentum. Don't chase ā wait for breakout confirmation!
šØ Stay alert. Breakouts can be fast and explosive!
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