#ONTUSDT Could switch sides soon. Be readyOntology / TetherUSBINANCE:ONTUSDTCryptoAnalystSignal#ONT The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone in green at 0.04580. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.04863 Target 1: 0.04949 Target 2: 0.05033 Target 3: 0.05150 Stop Loss: At the resistance zone in green Remember this simple rule: Money management. Any questions? Please leave a comment. Thank you.