Technical analysis by vf_investment about Symbol ONT: Buy recommendation (7/13/2025)

hi traders The chart suggests that ONT has reached a critical support level around $0.146, which has historically acted as a significant zone for both support and resistance. The price is currently attempting to reclaim this level, and a bullish reversal is expected if it holds. Indicators Analysis: MACD (Moving Average Convergence Divergence): The MACD line has recently crossed above the signal line. Histogram bars have flipped to green, suggesting a shift in momentum toward the upside. This crossover is typically seen as an early bullish signal. Stochastic RSI: The Stochastic RSI is recovering from the oversold region. %K line (blue) is at 60.63, and %D (orange) is at 43.22. This upward crossover reinforces a potential trend reversal and momentum building for the bulls. Prediction & Strategy: The purple projection line on the chart suggests a possible upward move: Short-term pullback and retest of the support zone (~$0.146). Followed by a strong breakout toward the $0.35 level, marking a potential 2.4x gain from current levels. The chart is annotated with “Support reclaim expected,” indicating that if ONT successfully retests and confirms this support, it would present a buy opportunity. Conclusion: 📌 Buy signal is triggered if ONT/USDT confirms a reclaim of the $0.146 support level. 📈 Both the MACD and Stochastic RSI support a bullish reversal. 🎯 The next major resistance sits at $0.3544, offering significant upside potential. Watch closely for confirmation of support holding before entering a long position.The price reclaimed a key support.