๐ $ONT / USDT Technical Analysis (4H)
#
ONT is currently trading within a descending channel, testing resistance near the upper boundary.
๐ธ Key Level: $0.127 supply zone โ price briefly retested but faced rejection, signaling persistent bearish pressure.
๐ A failure to break above could lead to a drop toward $0.095 (channel support).
๐ However, a breakout above $0.127 and the descending trendline may trigger short-term bullish momentum.
๐ Watch for confirmation before positioning.
#NFPWatch #TrumpVsMusk #REX-OSPREYSolanaETF #DYMBinanceHODL #OneBigBeautifulBill