[Song Financial Analysis] ondo

Core Conclusion: Short-term bearish, key resistance level 0.9138 (MA5), support level 0.9000 (psychological level)

Trading Strategy:

1. Short at current price: Enter around 0.9093, stop loss at 0.9160 (breakout above MA10 + 0.0002 tolerance)

2. Target for profit taking in batches:

• First target 0.9050 (24h lowest price)

• Second target 0.9000 (whole number level)

Problem-solving approach (technical logic breakdown)

1. Moving average system pressure

• Bearish arrangement: MA5(0.9138) < MA10(0.9156) < MA30(0.9295), three lines diverging downwards, forming a 'gradual pressure' structure

• Price breakout: Current price 0.9093 has fallen below all moving averages, and the distance to the MA5 resistance level 0.9138 has -0.49% space, rebound momentum insufficient

2. MACD momentum exhaustion

• Death cross critical: DIF(-0.0068) and DEA(-0.0067) are about to form a death cross, MACD bar (-0.0001) has turned negative for the first time, downward momentum begins to release

• Volume corroboration: 24h trading volume 133 million ONDO corresponds to a price drop of -4.97% (0.9568→0.9093), exhibiting 'increased volume drop' characteristics

3. Key price anchor points

• Strong pressure above: 0.9138 (MA5) + 0.9156 (MA10), breakout requires trading volume > MA(10) average volume 170 million ONDO

• Support below: 0.9050 (24h low) + 0.9000 (whole number level), breaking will trigger panic selling

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