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ONT CHART WATCH 👀: Support Test or Downtrend Deep Dive? 🌊
#ONT price dipped below its previous support level at $0.315-$0.327 and is currently retesting it. While this could be a potential buying opportunity, caution is advised.🟩
The overall trend for $ONT remains slightly #bearish suggesting a potential deeper decline. Waiting for a clear price reversal or a confirmed break above resistance ($0.375-$0.39) might be a safer entry point.
Here's a breakdown:
Support: $0.315 - $0.327
Resistance: $0.375 - $0.39
#ONT price dipped below its previous support level at $0.315-$0.327 and is currently retesting it. While this could be a potential buying opportunity, caution is advised.🟩
The overall trend for $ONT remains slightly #bearish suggesting a potential deeper decline. Waiting for a clear price reversal or a confirmed break above resistance ($0.375-$0.39) might be a safer entry point.
Here's a breakdown:
Support: $0.315 - $0.327
Resistance: $0.375 - $0.39
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