📊 $ONT

/USDT Technical Analysis & Price Targets 🎯 | Binance Update

ONT/USDT has shown bullish momentum with a 4.48% price increase in the last 24 hours. Let’s break down key levels and potential price targets.

Current Market Data

Price: $0.2495

24h High: $0.2609

24h Low: $0.2341

24h Volume (ONT): 24.88 million

24h Volume (USDT): $6.20 million

Moving Averages & Support/Resistance Levels

MA (7): $0.2514

MA (25): $0.2515

MA (99): $0.2472

ONT is trading above its key moving averages, indicating bullish momentum.

Immediate Support Level: $0.2476

Immediate Resistance Level: $0.2609

🎯 Price Targets

1. Target 1: $0.2550

This level serves as a short-term resistance. A breakout above could push ONT further upward.

2. Target 2: $0.2600

Continuing bullish momentum could lead ONT towards this next resistance level, offering a potential higher profit zone.

3. Target 3: $0.2700

With sustained buying pressure, ONT has the potential to reach this higher resistance level, marking new recent highs.

Indicators to Monitor

RSI: Approaching overbought territory, which may indicate a potential pullback.

Volume: High trading volume supports the current bullish trend. Sustained high volume is crucial for breaking through resistance levels.

Conclusion

ONT/USDT is displaying bullish strength with key support and resistance levels. Traders should keep an eye on these targets as ONT moves higher.

Happy Trading!

#ONT #Binance #Crypto #TechnicalAnalysis