#ONT/USDT 4H Update

ONT is trading inside a descending channel and is currently facing resistance near the upper trendline.

It recently tested the $0.127 supply zone but couldn’t break above — showing signs of bearish pressure.

🔻 If this rejection holds, price might slide back down toward the channel support around $0.095.

🔼 On the flip side, a clean breakout above $0.127 and the trendline could flip the momentum bullish in the short term.

📉 Keep an eye on this key breakout zone!

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(futures and spot both)

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