$ONT – Rally fading after rejection near this area

Short Entry: 0.0605 – 0.0625

Targets: 0.0575 | 0.0540 | 0.0505

Stop Loss: 0.0660

📊 Reason: Price surged to 0.0679 but got turned away, forming a clear rejection at the top. Buyers tried to hold but lost momentum, and sellers have been stepping in on each attempt to recover. Volume tapered off during the stall, suggesting buying pressure is exhausted. When a rally fails to clear resistance and starts rolling over, it often invites profit-taking and fresh shorts looking to fade the move.

Trade $ONT here 👇

ONT
ONTUSDT
0.0619
+21.13%