Ontology/TetherUS is currently trading around $0.6543 on the 1-hour chart. The chart shows a sideways trend with the price fluctuating between support and resistance levels.
Key resistance levels to monitor are at $0.6577 and $0.6600. Support levels to watch include $0.6500 and $0.6450. The current volume is 16.405K ONT, reinforcing the sideways trend.
For a potential trading strategy, consider entering a long position if the price breaks above the $0.6577 resistance level and closes above it. Set a stop-loss at $0.6450 to manage risk. Set take-profit targets at $0.6600 and $0.6650.
This approach helps in capitalizing on a potential uptrend while managing potential downside risk. Follow for more; youâll earn better with us.