$ONT is approaching a decisive moment as price compresses near the $0.060 support after a strong rejection from $0.071. The structure is weakening with consistent lower highs, signaling distribution and increasing probability of a downside expansion. A breakdown here could trigger a fast and aggressive sell-off.
TRADE SETUP — SHORT
Entry Zone: $0.0605 – $0.0612
Take Profits:
TP1: $0.0585
TP2: $0.0558
TP3: $0.0530
Stop Loss: $0.0638
Buy now and trade here on $ONT
ONT
0.0581
-7.42%