$ONT 30-day new high confirmed.
24h +6.92%, current price 0.06338, previous high 0.06242.
Structurally, a new high means overhead selling pressure is easing, so short-term resistance is relatively low; but if the price quickly falls back below the previous high, beware of a bull trap. Is this an opportunity or a trap?
#ONT
Don't treat this as a buy or sell signal.
24h +6.92%, current price 0.06338, previous high 0.06242.
Structurally, a new high means overhead selling pressure is easing, so short-term resistance is relatively low; but if the price quickly falls back below the previous high, beware of a bull trap. Is this an opportunity or a trap?
#ONT
Don't treat this as a buy or sell signal.