$ONDO on the Edge: Will the Bulls Bounce Back or Bears Take Over?

ONDO/USDT is heating up with major intraday action! After reaching a 24H high of 0.9274 USDT, the price has retraced sharply, now hovering around 0.8897 USDT. The 24H low sits at 0.8718 USDT, reflecting the recent volatility traders love.

Key Levels to Watch:

Resistance Zone: 0.9200 – 0.9274 (recent top)

Immediate Support: 0.8860 (current local low)

Major Support: 0.8718 (24H low)

Trade Setups:

Bullish Scenario:

Entry: Above 0.8930 (confirmation of upward momentum)

Targets: 0.9050 / 0.9200

Stop-Loss: 0.8850

Risk/Reward: ~1:2+

Bearish Scenario:

Entry: Below 0.8850 (break of support)

Targets: 0.8720 / 0.8600

Stop-Loss: 0.8935

Risk/Reward: ~1:2+

Expert Insight: "ONDO is showing classic signs of a retracement after an overextended rally. With volume tapering slightly, we could be entering a consolidation phase. Smart traders will wait for a clean break before entering big."

What’s Your Move, Traders? Will ONDO hold the line or dive deeper? Drop your analysis, positions, or predictions below and let’s chart the future together!

#CryptoTrading #ONDO #USDT #Altcoins #TechnicalAnalysis #Binance

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