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#PRA
#ONT/USDT analysis -

#ONT is currently in a downtrend on the lower time frame (LTF), with the price consistently forming lower lows (LLs) and lower highs (LHs) below the 200EMA. The price is currently trading near the 200EMA resistance levels, but it's expected to reject and decline further as it tests the previous swing low. To go short, wait for the price to break below the $0.3082 level.

TF : 1h
Entry : $0.3082
Target : $0.2878
SL : $0.3220
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🕒 19.05.2024 10:46💎 0≈0.000 Ƶ🔽 0