🔷 $ONDO

/USDT Perpetual Futures Overview

Last Price: $0.7851

24h Change: -0.33%

Trend: Neutral to Slightly Bearish (Short-Term Pullback)

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📊 Market Snapshot

Metric Value

24h High $0.8145

24h Low $0.7812

Mark Price $0.7851

24h Vol (ONDO) 88.76M

24h Vol (USDT) $70.67M

Volume (Current) 3.61M

MA(5) 2.91M

MA(10) 5.17M

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📌 Key Price Levels

Type Price Notes

Resistance $0.8145 24h High

$0.8072 Minor resistance

Current $0.7851 Near support zone

Support $0.7789 Immediate support

$0.7716 Secondary support

$0.7694 Potential bounce zone

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📉 Technical Summary

Indicator Signal

Trend Sideways to slightly bearish

MA Status MA(5) < MA(10) (loss of volume)

Momentum Weak near-term

Volatility Moderate

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🔄 Trade Setup Ideas

🔻 Short-Term Breakdown Play (Bearish Bias)

Entry: $0.784 – $0.787

TP: $0.772 – $0.765

SL: $0.796

Reason: Weak volume support, price hugging support; possible fade.

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🟢 Support Bounce Play

Entry: $0.770 – $0.775

TP: $0.790 – $0.800

SL: $0.765

Reason: Previous bounce zone, lower Bollinger edge proximity likely.

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📌 Insights

ONDO may be forming a consolidation channel between $0.77–$0.81.

Price is below both short-term MAs with volume declining, hinting at hesitation from bulls.

Watch for breakdown of $0.7789 or reclaim of $0.800 for clearer trend direction.

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✅ Strategy Suggestion

Scalp traders: Range-bound strategy between $0.77–$0.81 with tight SL.

Swing traders: Wait for a clean breakout above $0.815 with volume confirmation for long, or breakdown below $0.77 for short.

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