$ONDO

/USDT BEARISH REVERSAL FORMING UNDER PRESSURE

$ONDO is showing signs of weakness after failing to hold above key resistance and forming lower highs on the 4H chart. Sellers are gaining momentum, indicating a potential short-term downside move if support zones fail to hold.

Technical Outlook:

Trend: Bearish Reversal

Target 1 (TP1): 0.7100

Target 2 (TP2): 0.6850

Target 3 (TP3): 0.6600

Stop Loss (SL): 0.7450

Analysis Insight:

ONDO faces selling pressure near resistance, with momentum indicators turning negative and volume showing distribution. A break below 0.7200 could accelerate the bearish trend further.

Risk Management:

Use a strict stop-loss at 0.7450, risk only 2–3% per trade, and secure profits gradually as targets are achieved.