1-week timeframe
📈 ONT/USD 1W Analysis: Awaiting a rebound 🔎
ONT at ~$0.1256 (-6.73% for the week) tests the 200-week MA ($0.1439). RSI (~45) is neutral, volumes are declining (-26.21%). Weekly volume: ~$15M.
🔑 Key levels:
Resistance: $0.174–$0.198.
Support: $0.111–$0.119.
📈 Forecast: Weekly forecast: growth to $0.156 (+24%) while holding above $0.119. A drop below $0.111 will lead to a test of $0.100. ZK initiatives and ONTO Wallet are the fuel for growth! 🚀