ONT Technical Analysis in a 3-Day Timeframe

24 Ağu

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Now, let’s dive into this chart analysis:

ONT has shown a decent rebound from the support trendline and is now facing resistance at the 21 EMA. ONT needs to break and close above the 21 EMA to continue its bullish rally.

With 20 hours left for the 3-day candle to close, it will be important to see whether ONT continues its bullish momentum. The RSI has formed a bullish divergence and is already moving upward.

Accumulating ONT between $0.15 and $0.17 could be a good range.

Key levels:

- Support/Accumulation: $0.15 to $0.17.
- Crucial Resistance: 21 EMA $0.1948.
- Target: $0.5.
- RSI: Bullish Divergence.

DYOR, NFA.

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