Ontology approaching a turning point? đđ„
Taking a look at Ontology ($ONT ), weâre at an intriguing moment. The price has been consolidating around $0.17, but momentum is starting to build again, hinting at a potential breakout. Volumes are still modest, yet the price is trying to push above the 25-day moving averageâa key resistance level right now. If bulls can keep this momentum alive and we see ONT break past $0.19, we could be looking at a bullish reversal on the horizon.
However, donât get too excited just yet! We still have some strong resistance from the 99-day moving average near $0.19. If the price gets rejected here, ONT could slump back toward the $0.15 zone, where it's seen recent support.
This oneâs a bit of a coin toss right now, but the signals lean more toward upside potential in the short term! đ„ Stay tuned and keep an eye on those key levels!
What do you think? Ready for ONT to fly? Share your thoughts and donât forget to follow for more updates! đđŹ