Technical analysis by AltcoinPiooners about Symbol ONT: Sell recommendation (8/25/2025)

ONTUSDT Price Levels (as marked on the chart): SL (Stop Loss): 1.272 (0.2198) DCA (Dollar Cost Averaging): 1.135 (0.2098) Entry: 1.0 (0.2000 - 0.1980) TP1 (Take Profit 1): 0.786 (0.1845) TP2 (Take Profit 2): 0.618 (0.1723) TP3 (Take Profit 3): 0.5 (0.1637) TP4 (Take Profit 4): 0.1274 Current Price: Approximately 0.1989 (based on the right-side price scale) RSI (Relative Strength Index): Shown at the bottom, indicating momentum. The RSI has recently risen to 85 - 84 , suggesting growing bullish momentum. Key Levels: The price has risen above the Entry level (1.0 or 0.2000) and is currently below the DCA (1.135 or 0.2098) and SL (1.272 or 0.2198) levels, indicating the trade is in profit and the stop-loss has not been triggered. It is approaching TP1 (0.786 or 0.1845). The take-profit levels seem slightly misaligned with the current price scale, but the upward trend suggests potential to reach TP1 soon. Support and Resistance: The sharp rise indicates increasing buying pressure. The previous support around 0.2000 (entry) has held, and the next resistance could be near the DCA level (0.2098) if the uptrend continues. RSI Analysis The RSI at the bottom shows an upward trend, moving from a neutral region (around 50) to 85 - 84, indicating growing bullish momentum. It is approaching the overbought threshold (70), suggesting caution for a potential pullback. The recent spike aligns with the price surge, confirming renewed market interest. Trading Strategy Insights Entry and Exit Points: The chart suggests a trading plan with an entry at 1.0 (0.2000), a stop-loss at 1.272 (0.2198), and take-profit levels (TP1 to TP4). The price is nearing TP1, indicating early profitability. Risk Management: The SL at 0.2198 is above the current price (0.1989), meaning the trade is secure. Adjusting the stop-loss to break even or above the entry could lock in gains. Potential Next Steps: If the uptrend persists, TP1 (0.1845) is the next target. The RSI at 85 - 84 suggests momentum is strong but nearing overbought conditions, so traders should watch for a possible reversal or consolidation.