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#ONT #ONT/USDT ANALYSIS
ONT is currently consolidating within a falling wedge pattern and has recently rebounded from the pattern’s support trendline. The Ichimoku Cloud is acting as a resistance barrier, aligning closely with the wedge’s upper boundary.
A confirmed breakout above both the wedge and the cloud would signal a potential bullish trend. Monitor the price action closely for any signs of a breakout or rejection.