🔥 Decisive candle pattern for $ONDO 🤩
The double pin bar reflects repeated rejection at lower prices, indicating that buyers are strongly defending support. This is often a trend reversal pattern or at least a technical bounce.
🔹 Volume and context:
Although the volume is not explosive, it does show a slight recovery, which supports the idea that the market is absorbing supply.
🔹 Key zone to watch:
• Immediate resistance: 0.64 USD — breaking it would confirm the reversal.
• Strong support: 0.55 USD — losing it would invalidate the pattern and open the way towards 0.50 USD.
🔹 Sentiment indicators:
The price remains stable after the drop, suggesting that fear is stabilizing and the market is seeking balance before a more decisive movement.


