$ONDO / USDT Showing Slight Downtrend on Binance - Keep an Eye on Support! ๐
Looking at the $ONDO / USDT 4-hour chart, we're observing a slight downward trend. Currently trading at 0.8362 USDT, it's down -1.28% in the last 4 hours and -0.64% today.
After testing the 0.8628 USDT high, $ONDO seems to be retracing. It's crucial to see if the current support level holds to prevent further decline.
Key Levels to Watch:
* Support: The 24-hour low of 0.8356 USDT is the immediate support. A break below this could lead to a test of lower levels.
* Resistance: The recent high of 0.8628 USDT will act as the next significant resistance to overcome for a potential bullish reversal.
What's your outlook on ONDO? Do you think it will find support here, or are we heading for a deeper correction?
Let's share your analysis and trade cautiously!
