$ONT Strong push into resistance, starting to look overextended

Trading Plan Short $ONT ( max 10x )

Entry: 0.079 – 0.084

SL: 0.090

TP: 0.073

TP: 0.067

TP: 0.061

The move higher has been aggressive, but momentum is now fading as price trades into this resistance zone. Buyers managed a strong push, though the follow through is weakening and structure is becoming increasingly choppy.

When price gets extended into resistance and begins to stall like this, it often signals exhaustion opening the door for a pullback as sellers start stepping back in.

$ONT

ONT
ONTUSDT
0.0768
+6.81%