ONT has a bearish structure. We expect it to drop more.
The liquidity pools have been swept and now the price is looking for a powerful pivot.
The specified demand area is a good range for buy/long positions.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
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