$ONT / USDT Bearish Shift, Momentum Weakening

ONT failed to hold above the 0.062–0.063 resistance zone and is now printing consecutive bearish candles on the 1H timeframe. The breakdown below short-term support signals sellers regaining control.

Trade Plan

Short Entry Zone: 0.0600 – 0.0615

Downside Targets

TP1: 0.0585

TP2: 0.0565

TP3: 0.0545

Risk Management

Stop Loss: Above 0.0635

Secure partial profits near TP1 and trail stop to breakeven.

Bias

Bearish continuation is favored while price stays below 0.0615. A weak bounce may offer better short entries toward resistance.

Sell and trade $ONT

ONT
ONTUSDT
0.0521
+1.95%

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