$ONT PERP – SHORT SETUP 🔻
Current: $0.0510 | +28.14% today
Why short?
📈 +28% pump but long-term trend still weak
📉 90D: -3.23% | 180D: -59.81% – overall bearish
💧 Volume spiking but may be exhaustion
📊 Price above MAs but extended
Setup:
Entry: $0.0500 – $0.0515
TP: $0.0460 / $0.0430 / $0.0400
SL: $0.0535
Invalidate above $0.0540
📊 Key Levels
Support: $0.0448 (MA7) / $0.0426 (MA25)
Resistance: $0.0515 / $0.0540
⚠️ High volume, but fade the pump.
Not financial advice. DYOR