#ONT/USDT
$ONT 4 Hour-level surge hit and created a long upper shadow; fund realization is clear. The market has shifted from one-sided upward trend to a consolidation phase. The current price has already fallen below the 180-day moving average cost of chips. On the upside, large trapped positions are stacked at 0.065–0.072!
Structurally, it still belongs to a bottom rebound pattern and has not yet fully deteriorated. The key criterion for whether the rebound can continue in the short term is whether the support zone 0.055–0.05 can hold. Only if the rebound regains and holds above 0.065 will it again have the momentum to challenge the previous high at 0.0725. If 0.05 support breaks, the room for downside correction will expand further!