๐Ÿ“‰ $ONT / USDT Technical Analysis (4H)

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ONT is currently trading within a descending channel, testing resistance near the upper boundary.

๐Ÿ”ธ Key Level: $0.127 supply zone โ€” price briefly retested but faced rejection, signaling persistent bearish pressure.

๐Ÿ“‰ A failure to break above could lead to a drop toward $0.095 (channel support).

๐Ÿ“ˆ However, a breakout above $0.127 and the descending trendline may trigger short-term bullish momentum.

๐Ÿ” Watch for confirmation before positioning.

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