ONT touched the support at the lower band of its bullish channel and which got rejected. We might see further consolidation above 620-630 SATs.
Key resistance levels are 670-680 at the intersection with the long term bearish trend line, if it breaks above that, 750-770 will be next targets.
Strategy: Long at 620-630
Target Price: 670-720-770
ONT traded within the pitchfork reliably until the btc dump this last few days and has now turned pitchfork support into resistance. Will be watching this as ONT has a pretty good track record of bouncing back suddenly.