1-day timeframe
📅 ONT/USD 1D Analysis: Bearish sentiment ⚖️
ONT is trading at ~$0.1256 (-6.73% over 7 days) below the 50-day SMA ($0.1277). RSI (~35.23) indicates oversold conditions, with 6/30 indicators for buying. Trading volume: ~$7.26M.
🔑 Key levels:
Resistance: $0.135–$0.156.
Support: $0.119–$0.123.
📈 Forecast: Holding $0.123 may lift ONT to $0.156 (+24%). A drop below $0.119 threatens a test of $0.111 (ATL). The NOWChain campaign and the growth of TVL in Flamingo are catalysts! 📈