$ONDO on the Edge – Bounce Back or Breakdown?
$ONDO /USDT is hovering at $0.8469, just above key support after dipping to $0.8464. Buyers are stepping up (66% strength!), but the trend still leans bearish until a clear breakout happens.
Key Levels to Watch:
Resistance Zone: $0.8500 – $0.8650
Break this, and we could rally to $0.8700!
Support Zone: $0.8460 – $0.8420
If this cracks, more downside is likely.
Trade Ideas:
Bullish Setup
Entry: Break above $0.8500 with solid volume 🚀
Target 1 (TP1): $0.8600
Target 2 (TP2): $0.8700
Stop Loss: Below $0.8450
Bearish Setup
Entry: Fall below $0.8460 ⚠️
Target 1 (TP1): $0.8420
Target 2 (TP2): $0.8340
Stop Loss: Above $0.8500
Volume: 114.86K – Bulls are active, but wait for confirmation before jumping in! Watch closely!
