$ONDO /USDT

๐Ÿ“‰ ONDO/USDT Market Snapshot

MetricValueCurrent Price$0.6669 (-9.57%)24h High$0.737524h Low$0.666524h Volume (ONDO)22.40M24h Volume (USDT)$15.56M

๐Ÿง  Technical Insights

๐Ÿ”ป Trend

Bearish short-term โ€” nearly 10% drop from previous highs

Price hovering right at the 24h low, indicating strong downward pressure

๐Ÿ’ฅ Volatility

Range: $0.7375 (high) to $0.6665 (low) โ†’ ~9.6% intraday swing

High sell volume likely near local resistance

๐Ÿ“Š Key Support & Resistance

ZoneLevelComment๐Ÿ”ผ Resistance$0.698 โ€“ $0.716Prior support flipped resistanceโš ๏ธ Mid-level$0.680 โ€“ $0.688Minor S/R zone; currently broken๐Ÿงฑ Support (critical)$0.665 โ€“ $0.652Now at or testing supportโŒ Breakdown RiskBelow $0.648Opens downside toward $0.610 or $0.585

๐Ÿ” Indicators (Estimates)

IndicatorStatusRSI (Short-term)Likely oversold (<30)MACDBearish crossover likelyMomentumSelling bias

๐Ÿ“Œ Scenarios to Watch

๐ŸŸจ Scenario 1: Dead Cat Bounce

Entry: $0.666โ€“$0.672 (catch low)

Target: $0.698โ€“$0.716 (resistance zone)

Stop: $0.648

๐ŸŸฅ Scenario 2: Breakdown Continuation

Trigger: Break below $0.665 with high volume

Target: $0.630, possibly $0.585

Stop-loss (if shorting): $0.688

๐Ÿงญ Summary

ONDO is under pressure, sitting at key short-term support.

A bounce is possible, but a close below $0.665 could trigger further downside.

Watch price action closely near $0.666โ€“$0.680 for any signs of reversal or breakdown.

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