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$ONT /USDT Trading Signal - Catch the Rebound or Follow the Trend?
Short Entry Range: $0.2520 - $0.2560
Targets:
Target 1: $0.2450
Target 2: $0.2400
Target 3: $0.2350
Stop Loss: $0.2620
Analysis:
$ONT is among the top losers today, showing a decline of over 9%. The price is testing lower supports near $0.2500, with no strong recovery signals yet. If the downward trend persists, there is potential for further declines toward $0.2400 and below.
Action Plan:
Consider entering short positions within the specified range if the price consolidates near $0.2520.
Take profits gradually as the targets are approached, especially near $0.2450 and $0.2400.
Protect against unexpected reversals by placing a stop-loss above $0.2620.
#ONT #CryptoTrading #BTC #ETH #GateioInto11