$ONT /USDT Current price is showing strong bullish activity, trading around 0.0705 USDT with a +32% move in the last 24 hours. After a sharp impulse from the 0.054–0.055 demand zone, price pushed aggressively to 0.0779 and is now consolidating just below the highs.
On the 1H timeframe, the structure remains bullish:
Strong impulsive move followed by a healthy consolidation
Higher lows are holding above the key support zone
No major bearish engulfing candles yet, suggesting momentum is cooling, not reversing
This looks like a classic bullish continuation range after a breakout.
Trade Setup (Bullish Continuation)
Entry Zone:
• 0.0685 – 0.0710 (buy on dips inside consolidation)
Targets:
• Target 1: 0.0745
• Target 2: 0.0778 (previous high)
• Target 3: 0.0825 (range expansion / breakout extension)
Stop Loss:
• 0.0658 (below structure and consolidation low)
Key Notes
Holding above 0.068 keeps the bullish bias intact
A clean break and hold above 0.078 with volume can trigger the next leg up
Loss of 0.0658 would invalidate the setup and signal deeper pullback
#USCryptoStakingTaxReview #WriteToEarnUpgrade

