#ONT/USDT is trading within a descending channel on the 4H timeframe, currently facing resistance near the upper boundary.
Price briefly retested the $0.127 supply zone but failed to break above, indicating ongoing bearish pressure.
A rejection here could lead to a continuation toward the channel’s lower support around $0.095.
However, a breakout above the descending trendline and the $0.127 zone could signal a shift toward short-term bullish momentum.

Ontology (#ONT) remains trapped within a descending parallel channel, forming consistent lower highs and lower lows. The price is currently testing the upper boundary of the channel near the $0.1220–$0.1250 level, which has acted as strong resistance in the past.

Neutral short-term, but bullish bias if the channel top is broken and price holds above $0.1250.