$ONDO
/USDT – Facing Weakness After Local Peak Rejection
$ONDO surged toward $0.89 but faced a sharp rejection near that level, triggering a drop back below $0.86. Price action on the 1H shows lower highs forming, indicating bearish pressure. The current price is $0.8523, down 3.10% in 24H.
24H Overview:
High: $0.8917
Low: $0.8365
Volume: 13.70M ONDO / 11.84M USDT
Key Levels:
Resistance: $0.8850
Support: $0.8400
Breakout Level: $0.8600
Trade Setup:
Entry Zone: $0.8500 – $0.8550
TP1: $0.8700
TP2: $0.8840
Final Target: $0.8950
Stop Loss: $0.8360
ONDO must reclaim $0.86 to shift back into bullish control. Until then, caution advised on longs unless confirmation comes via strong candle close.
Pro Tip: Watch volume near support—weak bounce may trigger a deeper correction.