ONDO Analysis

From a daily perspective, the overall trend still has certain highlights, but it is clearly observable that the battle between bulls and bears has intensified around the $1 mark, with frequent long upper and lower shadows appearing in the candlesticks, indicating a hesitant market sentiment.

The four-hour chart shows that the current price is constrained by local resistance levels. For a strong breakthrough to occur, it is essential to effectively maintain above the $1.06 line—this area has significant selling pressure from those waiting to break even.

In terms of action, caution is advised; the risk of chasing prices at the current level is relatively high. It is more prudent to patiently wait for a pullback to the $0.93-$0.91 range before considering a low buy strategy.