$ONT/USDT BEARISH CONTINUATION LIKELY BELOW KEY RESISTANCE
Current Price: 0.0596
ONT is trading below the Supertrend (10,3) at 0.0622, which keeps the short-term bias bearish. Price action shows weakness after rejection from higher levels, and sellers are still in control unless price reclaims the resistance zone.
๐ Important Levels
Resistance Levels:
0.0609 โ Immediate intraday resistance
0.0621 โ 0.0631 โ Major resistance zone (Supertrend + recent highs)
Support Levels:
0.0585 โ First support
0.0575 โ Strong support
0.0572 โ Breakdown support / liquidity zone
๐ Trade Setup$BTC (Short Idea)
Entry: 0.0605 โ 0.0612 (on pullback / rejection)
Target 1: 0.0585
Target 2: 0.0575
Target 3: 0.0572
Stop-Loss: 0.0634 (above resistance & structure)
Bias remains bearish as long as price stays below 0.0622. A clean breakout and hold above this level would invalidate the short setup.
โจ Stay disciplined, respect your risk, and let the chart guide your decisions. Every trade is a lessonโkeep learning, stay patient, and move forward with confidence. The market rewards consistency. ๐