#BNBBhutanReserves Technical Analysis: $ONT

T/USDT on Binance

Current Price: $0.3714 (+13.86%)

Key Levels:

24h High: $0.3822

24h Low: $0.3109

MA(7): 0.3660

MA(25): 0.3597

MA(99): 0.3355

Moving Averages:

Short-term MA (7): 0.3660

Medium-term MA (25): 0.3597

Long-term MA (99): 0.3355

Indicators:

EMA: 0.3727

BOLL: 0.3850

SAR: 0.3238

Technical Insights:

1. Support Level:

Strong support is seen around $0.3355 (MA99), with potential bounce points at $0.3597 and $0.3660. If the price holds above this level, we may see further upward movement.

2. Resistance Level:

Immediate resistance is around $0.3822, and if this level breaks, the next target could be around $0.3850 (BOLL), which aligns with recent bullish momentum.

3. Potential Targets:

Target 1: $0.3850 - Next resistance level with strong bullish momentum.

Target 2: $0.3822 - Previous high, acting as a psychological resistance.

Target 3: $0.3999 - Potential next level of interest if bullish pressure continues.

Conclusion:

Overall, ONT/USDT is showing strong upward momentum. Key support levels are around $0.3355, while resistance lies at $0.3822 and $0.3850. Continued bullish activity could push prices towards higher targets like $0.3999.

Disclaimer: This is not financial advice. Please do your own research or consult a professional before making trading decisions.