$ONT /USDT – A Massive Breakout is Underway
ONT is currently experiencing a powerful breakout, as evidenced by the large, green candle pushing the price significantly higher. The price has jumped to $0.1642, with a clear surge in momentum that has broken above previous resistance levels. This type of price action indicates a strong shift in market sentiment and a potential for a continued upward trend.
The chart shows that ONT has decisively moved above its previous consolidation range, which suggests that the bulls are now in full control. The momentum behind this breakout could lead to a significant continuation of the rally in the coming sessions.
Next Trade Setup
* Entry Zone: $0.162 – $0.165
* Target 1: $0.170
* Target 2: $0.180
* Target 3: $0.195 (final target)
* Stop Loss: Below $0.155
As long as ONT maintains this momentumand holds above the $0.155 level, higher prices are very likely. This is a classic breakout setup, offering an opportunity to ride the momentum.