*$ONT — Spike Rejected, Pullback Brewing* 📉⚠️
A sharp impulsive pump ran into strong rejection, and momentum is fading. Lower highs are stacking on the lower timeframe, price can’t hold the spike zone, and a pullback toward prior support looks likely.
*Trade plan*
🔻 *Entry*: 0.0690 – 0.0710
🛑 *Stop*: 0.0765
🎯 *Targets*:
TP1 0.0650 🥉 | TP2 0.0610 🥈 | TP3 0.0570 🥇
*Why this works*
— Spike + rejection = exhaustion 🚫
— Lower highs, buying pressure weakening
— Path of least resistance points down ⤵️
Now ∼0.06899.
Buy And Trade Here $ONT
ONT
0.07898
+6.42%