$ONT / USDT Bearish Shift, Momentum Weakening
ONT failed to hold above the 0.062–0.063 resistance zone and is now printing consecutive bearish candles on the 1H timeframe. The breakdown below short-term support signals sellers regaining control.
Trade Plan
Short Entry Zone: 0.0600 – 0.0615
Downside Targets
TP1: 0.0585
TP2: 0.0565
TP3: 0.0545
Risk Management
Stop Loss: Above 0.0635
Secure partial profits near TP1 and trail stop to breakeven.
Bias
Bearish continuation is favored while price stays below 0.0615. A weak bounce may offer better short entries toward resistance.
Sell and trade $ONT
#StrategyBTCPurchase #Mag7Earnings #VIRBNB #WhoIsNextFedChair
ONT failed to hold above the 0.062–0.063 resistance zone and is now printing consecutive bearish candles on the 1H timeframe. The breakdown below short-term support signals sellers regaining control.
Trade Plan
Short Entry Zone: 0.0600 – 0.0615
Downside Targets
TP1: 0.0585
TP2: 0.0565
TP3: 0.0545
Risk Management
Stop Loss: Above 0.0635
Secure partial profits near TP1 and trail stop to breakeven.
Bias
Bearish continuation is favored while price stays below 0.0615. A weak bounce may offer better short entries toward resistance.
Sell and trade $ONT
#StrategyBTCPurchase #Mag7Earnings #VIRBNB #WhoIsNextFedChair