$ONDO just plunged from its recent swing of $0.9704 down to $0.8942, marking a steep -6.94% daily drop. The breakdown followed sustained weakness near the $0.9379–$0.9700 resistance band, with sellers now dragging price toward the local support floor.
Despite the red momentum, the 68.74% buyer dominance on the order book suggests dip-buyers are already circling. If $ONDO can hold above the $0.8571–$0.8741 range, a short-term reversal could follow, setting the stage for a potential recovery move.
Key Structure Points:
• Recent High: $0.9704
• Breakdown Trigger: $0.9379
• Support Base: $0.8571–$0.8741
• Current Price: $0.8942
#ONDO Next Bullish Targets (If Reversal Confirms):
• TP1: $0.9300
• TP2: $0.9700
• TP3: $1.0188 (major resistance reclaim)
Conclusion:
$ONDO took a hard hit but watch closely. If buyers defend support, this could snap back just as fast. Stay sharp for reversal signals on lower timeframes!
