Is Ontology (ONT) Poised for a Breakout?

#ONT is caught in a bearish wedge, currently testing resistance. A breakout could send prices soaring towards $0.50🚀, but is it guaranteed?

Here's the breakdown:💡

Wedge Pattern: $ONT price action forms a #bearish wedge, historically indicating a potential price drop.🔻

Resistance Zone: The price is currently hovering near resistance. A break above could signal a #Bullish reversal.

Potential Upside: If the resistance breaks, ONT could surge towards $0.50.📈

Support Levels: Keep an eye on support zones at $0.2850 and $0.2530 in case of a reversal.👀

What's Your opinion on ONT❓