$ONT SHORT IT
{future}(ONTUSDT)
ONT/USDT – Quick Insight
Price made a strong impulsive move into a higher timeframe supply zone (~0.22–0.25).
This area is likely to act as resistance due to previous selling pressure.
Current move looks overextended (vertical rally) → higher chance of pullback/rejection.
If rejection confirms, expect a retracement toward 0.17–0.15 zone.
Only a clean breakout + hold above supply would continue bullish momentum.
Bias: Short-term bearish reaction likely from supply.