$ONDO REPEATEDLY REJECTED AT $0.377 - BEARISH STRUCTURE INTACT 📉
Price continues to print lower highs below the $0.377 resistance zone. Each rebound is met with less momentum, suggesting supply is absorbing demand effectively. The next liquidity cluster sits at $0.35, with $0.357 acting as a minor support before a full breakdown.
Volume is declining on these bounces, a classic sign of weakening bullish conviction. The daily structure shows a series of lower lows after the rejection from $0.42. If $0.357 fails to hold, the path to $0.35 becomes a high-probability sweep. Are you shorting this breakdown or waiting for a retest of $0.377?
Not financial advice. Always manage your risk.
#ONDO #BearishSetup #ShortSetup #CryptoAnalysis #LiquiditySweep
🔻
Price continues to print lower highs below the $0.377 resistance zone. Each rebound is met with less momentum, suggesting supply is absorbing demand effectively. The next liquidity cluster sits at $0.35, with $0.357 acting as a minor support before a full breakdown.
Volume is declining on these bounces, a classic sign of weakening bullish conviction. The daily structure shows a series of lower lows after the rejection from $0.42. If $0.357 fails to hold, the path to $0.35 becomes a high-probability sweep. Are you shorting this breakdown or waiting for a retest of $0.377?
Not financial advice. Always manage your risk.
#ONDO #BearishSetup #ShortSetup #CryptoAnalysis #LiquiditySweep
🔻