$ONT is showing active bullish pressure on the 1-hour timeframe following a spike up to the 24-hour high of 0.05887 from its low of 0.04816. Currently trading at 0.05473 with a +11.69% gain, the price action reflects buyers consolidating gains after an intense upward expansion. As long as price holds above the immediate support level around 0.05200, the market structure supports continuing momentum toward higher local resistance levels.

Target 1: 0.0588 Target 2: 0.0623 Target 3: 0.0660

#ONT #Ontology #CryptoAnalysis
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