ONT CHART WATCH 👀: Support Test or Downtrend Deep Dive? 🌊

#ONT price dipped below its previous support level at $0.315-$0.327 and is currently retesting it. While this could be a potential buying opportunity, caution is advised.🟩

The overall trend for $ONT remains slightly #bearish suggesting a potential deeper decline. Waiting for a clear price reversal or a confirmed break above resistance ($0.375-$0.39) might be a safer entry point.

Here's a breakdown:

Support: $0.315 - $0.327

Resistance: $0.375 - $0.39