📊 Technical Analysis - ONDO/USDT (1D)

📉 Overall Trend:

ONDO is consolidating in a tight range, with slight selling pressure prevailing, but holding above important supports.

Price action is close to the main volume zones, which indicates interest from the market in this region.

📈 Moving Averages (EMA):

EMA 7: $1.343 (immediate resistance).

EMA 14: $1.353.

EMA 21: $1.358.

EMA 50: $1.368.

EMA 100: $1.295 (relevant support in the short term).

EMA 200: $1.136 (long-term support).

🔥 Conclusion: The price is below most of the short-term moving averages, suggesting weakness, but still above the 100 EMA ($1,295), which acts as key support.

🔍 Technical Indicators:

📊 Stochastic RSI:

28.49 (K) and 25.30 (D), suggesting that the asset is close to the oversold zone, which could indicate an upcoming reversal.

📊 RSI:

47.82, below 50, indicating slight selling pressure, but no clear overbought or oversold signals.

📉 MACD:

Histogram close to zero, without a clear crossover, indicating that the market is in consolidation.

📊 VPVR (Volume):

Strong concentration of volume in the region between $1.27 and $1.32, which forms a robust support zone.

Significant resistance between $1.34 and $1.36, where volume is also accumulating.

🎯 Important Levels:

Supports:

$1.320 (immediate support).

$1.295 (100 EMA and strong support).

$1.200 (Ichimoku and VPVR).

$1.136 (200 EMA).

Resistances:

$1.343 (7 EMA and short-term resistance).

$1.358 (21 EMA).

$1.368 (50 EMA and key resistance).

📢 Possible Scenarios:

📌 Bullish:

Break above $1.343 could lead the price to test $1.353 and then $1.368.

Increasing buying volume needed to validate the breakout.

📌 Bearish:

Loss of support at $1.320 could lead ONDO to test $1.295, with the possibility of falling to $1.200 if it fails to hold.