$ONDO
The important level is 'almost' broken.
Now for ONDO, in the last update we discussed that is approaching its mportant level.
I also discussed the analogy of how consolidation above support in a bullish trend is bullish tho that level doesn't seem like the price will hold it.
That is what has happened, the analogy failed and chart is now trading UNDER $0.34.
If we see a dail close under that level, $0.30 will be tested and ultimaltely that level will break as well and we will reach the orange support.
Important close today, even though that won't matter much as the chart is already 20% down and sentiments are more bearish than bullish.
#ONDO/USDT $ONDO
The important level is 'almost' broken.
Now for ONDO, in the last update we discussed that is approaching its mportant level.
I also discussed the analogy of how consolidation above support in a bullish trend is bullish tho that level doesn't seem like the price will hold it.
That is what has happened, the analogy failed and chart is now trading UNDER $0.34.
If we see a dail close under that level, $0.30 will be tested and ultimaltely that level will break as well and we will reach the orange support.
Important close today, even though that won't matter much as the chart is already 20% down and sentiments are more bearish than bullish.
#ONDO/USDT $ONDO