#ONT/USDT Technical Update 🧵

ONT is currently trading within a 📉 descending channel on the 1D timeframe, with price testing resistance near the upper boundary.

It recently tapped the ⚠️ $0.127 supply zone but failed to break above — indicating ongoing bearish pressure.

🔻 If this rejection holds, a drop toward the channel's lower support around $0.095 is likely.

🔼 However, a breakout above the trendline and the $0.127 zone could shift momentum in favor of the bulls 🐂.

📊 Stay sharp, traders!

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