$ONT is showing short-term weakness with a steady decline, indicating sellers are currently in control. Price is hovering near support, but momentum remains bearish without signs of a strong bounce.
š
$ONT Short Analysis (ONT /USDT)
Price: $0.0816 (-2.65%)
Trend: Short-term downtrend
Support: Around $0.0810 ā $0.0800
Resistance: Near $0.0825 ā $0.0830
š” Key Insights:
Continuous lower highs ā bearish structure
Price below MA ā weak momentum
Volume spike suggests selling pressure
ā ļø Watch Levels:
Break below $0.080 = further downside risk
Reclaim above $0.083 = potential recovery
š Conclusion:
š Short-term: Bearish / weak
š Needs strong bounce for reversal
ā Will
$ONT hold support or continue its downward move?
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