Analysis for ONT/USDT (1H):
- Price has broken below the 200 EMA, currently trading below it.
- Facing resistance at the 200 EMA.
- Recent breakdown of a mini support level, triggering a sell entry.
- Anticipating a test of marked support levels.
Trade Plan:
- Sell Entry: $0.219
- Target: $0.202
- Stop Loss: $0.231
#ONT #crypto #trading #altcoins #ontology $ONT $BTC $BNB