ONDO Current Price 0.875
The current 4-hour level has completed a breakout structure followed by a confirmation pullback, but the daily level is still constrained by the key resistance area of 0.9.
There have been multiple unsuccessful tests at the 0.9 level, forming a clear suppression.
Conservative traders are advised to consider entering after a confirmation signal on the daily close, and to think about entering the market only after an effective breakout above the 0.9 resistance level.
Aggressive traders may focus on the 4-hour level pullback to the support area around 0.85, combined with changes in volume to make an entry decision.