$ONT
$ONT Testing Major Resistance! 🚀 Is a 20% Pump Next? 📈
Market Analysis:
Ontology (ONT) is showing strong recovery signs on the 1-hour chart today. After the recent gas fee reduction on the MainNet, we are seeing increased transaction volume and a shift in momentum. The price is currently at $0.0453, and it’s knocking on the door of a major breakout!
Technical Breakdown:
The Resistance Zone: ONT is currently testing the Upper Bollinger Band at $0.0457. A clean 1H candle close above this level could trigger a massive "short squeeze."
Indicator Check: The RSI(10) is at 56.7, showing a healthy uptrend with plenty of room to run before becoming "overbought."
Bullish Crossover: We are seeing the KDJ lines curving upward, signaling that buyers are stepping in aggressively at these lower levels.
🎯 ONT Trade Setup (Long)
🔵 Entry Zone: $0.0450 - $0.0458 (Wait for a break above 0.0457 for confirmation).
🎯 Target 1: $0.0475 (Previous Local High)
🎯 Target 2: $0.0502 (Major Psychological Resistance)
🎯 Target 3: $0.0550 (Moon Target)
🚫 Stop Loss: $0.0435 (Below the Middle Bollinger Band)
Why ONT now?
With decentralized identity (DID) becoming a massive theme in 2026, Ontology's ONT ID is seeing record adoption in the enterprise sector. When the "DIDs" start pumping, ONT usually leads the pack.
Are you holding ONT for the long term or just scalp trading this move? Comment your strategy below! 👇
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