👉Thoughts on #ont :
$ONT breaking out of a descending triangle on the 4H after weeks of lower highs pressing into the 0.042–0.043 base. $ONT has now reclaimed the descending trendline and is attempting to shift structure, with momentum picking up off the range lows.
Longs make sense if the breakout holds above the reclaimed trendline and 0.045 support on a 4H close. As long as that level is defended, continuation toward 0.048 and 0.050 is in play for $ONT . A breakdown back inside the triangle would invalidate the move, but for now structure favors upside if buyers follow through.
ONTUSDT
Διην.
0.0415
+0.48%