$ONT /usdt

šŸš€ Bullish Pattern Detected in Layer 1 / Layer Token!šŸš€

**Trade Plan:**

- **Entry Range:** $0.2304 - $0.2334

- **Targets:**

- First Target: $0.2357

- Second Target: $0.2398

- Final Target: $0.3698

- **Stop Loss:** $0.2200

**Analysis:**

- **Bullish Movement:** The price is currently consolidating around $0.2334, showing signs of a potential bullish breakout. Key resistance levels to watch are $0.2357, $0.2398, and the significant target of $0.3698.

- **Volume Confirmation:** Ensure the breakout is supported by a noticeable increase in trading volume to confirm the strength of the upward movement.

- **Risk-to-Reward Ratio:** The risk-to-reward ratio is highly favorable, with a potential reward of up to 58% if the price reaches the final target of $0.3698, while the risk is limited to a 5% loss if the stop loss at $0.2200 is triggered.

**Call-to-Action:**

Monitor the price action closely for a breakout above $0.2334 with increased volume. Enter the trade within the specified range and set your stop loss and targets accordingly. Stay disciplined and adjust your plan if market conditions change. Happy trading! šŸš€šŸ“ˆ

$ONT

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