$ONT Sharp Rejection ... Short Setup Ready

ONT made a strong upward move but faced rejection near 0.0635. After the rejection, price is slowing down and showing signs of a pullback.

Current price is around 0.0612 and momentum is weakening after the pump.

Trade Setup:

Entry: 0.0605 – 0.0620

Target: 0.0550 – 0.0510

Stop Loss: Above 0.0635

If price stays below 0.0625, selling pressure can increase.

Trend is weakening after rejection. Short trade looks favorable on continuation.

Click below to Take Trade 👇👇👇

ONT
ONTUSDT
0.0593
-2.46%