Recently, a friend asked about the trend of $ONT, and I realized that this coin is now stuck at the $0.08 level. Honestly, this price is indeed in a very awkward range.

Looking at the trading volume on the chart, there is basically no market interest. You will notice a phenomenon: no matter how beautiful the moving average alignment is, or how standard the golden cross is, if there is no volume support, it’s all an illusion. The market uses volume to tell you a harsh truth — most traders have already left this coin.

The RSI indicator has long entered the overbought zone, but some people are still shouting about a breakout. To be honest, such signals are not credible in the absence of trading volume.

From a technical perspective, 0.0848 is the first key level. If it cannot break here, the next support is directly at 0.065. If even 0.065 cannot hold, it basically means declaring that this coin’s current market enthusiasm has completely cooled down.

Taking a long position at this level is purely a gamble; shorting seems more rational. But I understand trader psychology very well — about 90% of people will still choose to take a gamble. Because people are like that — knowing there is risk, but still wanting to try.

It’s time to be clear-headed when you need to be.