Here’s the technical breakdown for $ONDO /USDT Perpetual Contract:

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🟡 Market Snapshot

Last Price: $0.7391

Mark Price: $0.7391

24h Change: -4.16% 🔻

24h High: $0.7885

24h Low: $0.7385

24h Volume:

ONDO: 66.71M

USDT: $50.61M

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📊 Moving Averages

MA(5): 2.70M

MA(10): 2.55M

→ Slight short-term volume uptick, but no clear breakout confirmation yet.

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📉 Order Book / Price Zones

Price Zone Interpretation

$0.7885 – $0.7910 Strong Resistance Zone 🔼

$0.7580 – $0.7690 Neutral Range

$0.7385 – $0.7470 Current Support Zone 🔽

Below $0.7360 Breakdown Risk Area 🟥

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📈 Trend & Sentiment

Trend: 🔻 Weak/Bearish short-term

Momentum: Price hugging daily low, suggesting persistent sell pressure

Structure: Attempted to bounce but got rejected near $0.78, a previous resistance

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🔍 Scenarios

🟢 Bullish Reversal Setup

Trigger Entry: Break above $0.7580

Target Zone: $0.7690 – $0.78

Stop Loss: $0.7350

🔴 Bearish Breakdown Setup

Trigger Entry: Clean break below $0.7360

Target Zone: $0.72 – $0.70

Stop Loss: $0.7480

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📌 Summary

Bias: Cautiously bearish unless the price can reclaim $0.758+ with volume.

Current Zone: Low of the range — small bounce likely, but risky without strength confirmation.

Key Level to Watch: $0.7360 (if broken, could trigger a deeper correction).

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Would you like a visual support/resistance chart, Fibonacci levels, or RSI/MACD momentum analysis for ONDO?

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