Technical Analysis for $ONT
/USDT💯🔥
Current Price: $0.2457 (+7.01%)
Trend: Bullish momentum observed (7.01% increase in the last 24 hours), with recent price movement near the daily high ($0.2463).
Resistance Levels:
First Target (T1): $0.2500 - This level shows potential as a near-term resistance.
Second Target (T2): $0.2600 - Strong psychological resistance from previous price action.
Third Target (T3): $0.2800 - Potential resistance based on extended uptrend and market psychology.
Support Levels:
Support Level (S1): $0.2400 – Immediate support below current price.
Low Range Support: $0.2287 – 24h low, provides a solid safety net for dips.
Trade Momentum:
Bullish: The price has been above its previous lows and showing upward momentum.
RSI: Monitoring for overbought conditions. At current levels, there’s room to move upward before triggering overbought.
MACD: Positive momentum with an expanding histogram.
Trade Signal:
Buy Range: $0.2400 - $0.2450.
Take Profit (T1): $0.2500.
Stop Loss: $0.2380 (to protect against a break below recent support).
Monitor the momentum closely—if buying pressure sustains, ONT might aim to break past higher resistance.