$ONT /USDT Weekly Timeframe Analysis – BINANCE
Ontology (
$ONT ) has officially broken above its long-term downtrend line, indicating a strong shift in market structure. 📈
This breakout came directly from a multi-year demand zone, which has acted as a key support since early 2023.
🔍 What does this mean?
Buyers are stepping in — and bullish momentum is starting to build.
As long as ONT holds above this breakout zone, we could see a gradual move toward the following targets:
🎯 Upside Targets:
🔹 $0.2100
🔹 $0.2650
🔹 $0.3210
🔹 $0.3983
🛡️ The key demand zone below still holds strong. As long as price stays above it, the bias remains bullish.
📌 Summary:
Weekly trendline breakout ✅
Strong support confirmation ✅
Momentum building for higher targets ✅
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