Binance Hot list coin July 30, 2020 : ONTUSDT #2

The price is trending at the huge uptrend channel which could be the driven factor for the recent upside moves. One thing that I'm sure is that this could be the action of retesting the previous broken resistance as support. The huge resistance trend line which I draw it with blue line was a strong resistance trend line previously, the price is now testing the blue region which I see it as a strong and ideal support for the price to have a bounce in the future. I'll wait for further confirmation to enter long position at the nearest region with a potential upside moves at the white resistance zone .