📊 Quick Summary:
The ONT coin experienced a skyrocketing rise today of +41.85%, reaching a price of $0.1966, with a massive trading volume of $227.30 million in 24 hours. This jump comes after breaking a critical resistance at $0.2105, enhancing short-term bullish prospects.
---
📈 Technical Recommendations:
1. Buy Signal:
· Technical analysis shows a "Strong Buy" signal at 100% in moving averages (12 Buy signals vs 0 Sell).
· Indicators like MACD and RSI at 78.345 (Overbought) support upward momentum.
2. Entry Points:
· Entry at: $0.1950 - $0.2000 (after a slight pullback).
· Stop Loss: $0.1850 (Strong Support).
3. Exit Targets:
· Short Target: $0.2105 (Daily Resistance).
· Medium Target: $0.2300 (based on Fibonacci Channel).
---
⚠️ Critical Notes:
· High volatility (ATR = 0.0124) indicates high risk.
· Watch out for Overbought levels on the RSI, which may indicate a sudden correction.
---
💡 Do you think ONT can continue to hold above $0.20 or is a correction imminent? Share your opinion!
🔔 Reminder: Trading is risky. Consult financial experts and follow a capital management strategy! .
