📉 $ONT USDT Setting Up for a Potential Drop on Binance Futures
The chart shows a clear rejection from higher levels after a short bullish push — sellers are stepping back in 🔥
🔍 What’s Happening:
Price failed to hold above 0.120 resistance
Lower highs forming → bearish pressure building
Currently hovering near weak support zone
⚠️ Bearish Scenario:
If price loses 0.114–0.115 support, we could see a sharp move down toward:
0.105
0.100 (major support zone)
📊 Indicators:
Price slipping below short-term MAs
Momentum slowing after rejectio
Volume spike during drop = real selling pressure
💡 Key Zones:
Resistance: 0.120
Support: 0.115 → 0.100
👀 This looks like a clean short setup if breakdown confirms. Patience is key — don’t rush entries.
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