I’ve been seeing a lot of people ignoring $ONDO while chasing the latest pumps… but this chart is starting to get interesting.
After a healthy pullback from the recent high around $0.42, buyers have stepped back in and are trying to reclaim momentum.
The 4H chart is showing higher lows, while price is attempting to push back above the short-term moving average. That’s often the first sign that sellers are losing control.
The key level I’m watching is $0.39.
If bulls can reclaim and hold above it, I expect $ONDO to make another attempt toward the recent swing high.
However, if price gets rejected here, we could see another period of consolidation before the next breakout attempt.
For now, the structure looks constructive, but confirmation is still needed.
#ONDO #market
After a healthy pullback from the recent high around $0.42, buyers have stepped back in and are trying to reclaim momentum.
The 4H chart is showing higher lows, while price is attempting to push back above the short-term moving average. That’s often the first sign that sellers are losing control.
The key level I’m watching is $0.39.
If bulls can reclaim and hold above it, I expect $ONDO to make another attempt toward the recent swing high.
However, if price gets rejected here, we could see another period of consolidation before the next breakout attempt.
For now, the structure looks constructive, but confirmation is still needed.
#ONDO #market