Trade Setup🎯$ONT Short 🔴

Entry: 0.05820 - 0.05880

TP 1 : 0.05700

TP 2 : 0.05550

SL : 0.06020

Technical Overview

$ONT chart shows a strong bearish trend on the 15m timeframe. Price is consistently trading below the EMA(7), EMA(25), and EMA(99), which are all sloping downward. The recent large red candle suggests a breakdown of the immediate support at 0.05815, and the RSI/Volume indicates sellers are in control.

Note: Always manage your risk; the market is currently in a high-volatility phase.

#analysis #ont $ONT

ONT
ONT
0.05844
-5.90%