Technical Analysis: $ONT
/USDT
As we analyze the ONT/USDT pair, the price currently sits at $0.1913, showing a steady upward movement. Here are three key targets to watch:
Target 1: $0.1920
The immediate resistance level is at $0.1920, where recent price action has faced selling pressure. A breakout above this level could signal a bullish continuation.
Target 2: $0.1950
Should momentum carry through, the next target is $0.1950. This level aligns with previous highs and offers potential for profit-taking for traders looking for short-term gains.
Target 3: $0.2000
If bullish sentiment remains strong, the ultimate target would be $0.2000. Reaching this psychological level could attract further buying interest and could establish a new bullish trend.
Key Technical Indicators:
Current Price: $0.1913
Support Level: $0.1880
Resistance Level: $0.1920
Keep an eye on trading volume and market sentiment as we approach these key levels. The market remains dynamic, and traders should stay vigilant for any signs of volatility.