Binance ONTUSDT 15m Trend Prediction

ONTUSDT experienced a sharp rally followed by a high-level correction, currently positioned below the middle line of the Bollinger Bands near the lower band, indicating short-term resistance, but there is some support in the 0.19-0.19 range. The MACD failed to produce a bullish crossover; the indicator is diverging downwards, with momentum remaining negative. In the short term, the trend is likely to remain oscillating with a slight weakness and a rebound correction, making it difficult to directly surge to new highs. The RSI across multiple timeframes is in oversold correction zones. Although the price is at a low level in the short term, buying strength remains insufficient, and a rebound requires digesting the downside momentum first. KDJ has entered a low position, with the J-value relatively low. There may be a short-term rebound and correction, but its sustainability is doubtful, and the rebound magnitude is limited. The long/short data indicates that large traders are still eyeing a bullish rebound, but their active buying proportion is insufficient. Retail investor sentiment remains cautious. Overall, the market is in a stage of contention and observation. Trading volume and volatility data have increased, making short-term support and resistance levels susceptible to quick testing. It is expected that within the next 15 minutes, the price will oscillate within the 0.189-0.205 range. A sustained breakout requires alignment of capital and sentiment; short-term trading within the range is recommended, employing a strategy of shorting high and buying low to avoid chasing a rally or selling in panic.