$ONT USDT is showing clear weakness after falling from 0.066 to 0.05829, testing support near 0.0568. Short-term trend favors sellers, so a cautious approach would be either a short or waiting for a confirmed bounce before considering long.
$ONT USDT — SHORT / WAIT
Potential Short Entry: 0.0585–0.0590
Stop Loss (SL): 0.0610
Take Profit (TP1): 0.0568
Take Profit (TP2): 0.0555
Notes:
Volume is moderate, but price is trending downward; momentum favors bears.
Watch for bullish reversal candlesticks at support (0.0568–0.0570) before considering a long position.
ONT
0.05943
-2.59%
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