$ONDO Facing Heavy Pressure — Bears Are Tightening the Screws!
$ONDO is trading at $0.9467, slipping -6.32% today as sellers keep pushing it lower from the $0.9686 recent peak.
Current Price: $0.9467
24h High/Low: $1.0164 / $0.9349
RSI(6): 35.12 — sitting deep in the bearish territory.
Buy/Sell Split: 27.66% Buy vs 72.34% Sell — strong selling pressure visible!
Key Levels to Watch:
• Resistance: $0.9600 — a breakout above could ease selling pressure.
• Support: $0.9340 — losing this could drag the price even lower.
Outlook:
ONDO is stuck in a short-term downtrend with bears clearly holding the upper hand. A clean break below $0.9340 could open doors for deeper dips, while a move back above $0.9600 is needed to even think about recovery.