$ONT is currently trading at 0.1217 USDT, showing a neutral market structure.
With the support level at 0.1205 USDT and resistance at 0.1241 USDT, a breakout strategy may be optimal.
The RSI at 54.23 indicates potential bullish momentum, suggesting upward movement could continue.
However, traders should remain cautious of Bitcoin's volatility and broader macroeconomic conditions that could impact market sentiment.