While the market debates direction at local support, this decision node on $ONDO sets up a clear binary expansion trigger.
After breaking out of the local downward trendline, price is retesting dynamic support near $0.3400 inside a key horizontal demand block. The RSI rising back above 50 indicates underlying bullish momentum attempting to regain control of the lower timeframe structure.
A solid hold above $0.3400 opens a direct path for a bullish push toward overhead resistance at $0.4166 . However, a failure to defend support risks a breakdown retest toward lower macro demand near $0.3000 .
Don't predict the outcome early—let the retest at support confirm the expansion direction.
#ONDO #OndoFinance #CryptoAnalysis #TechnicalAnalysis
After breaking out of the local downward trendline, price is retesting dynamic support near $0.3400 inside a key horizontal demand block. The RSI rising back above 50 indicates underlying bullish momentum attempting to regain control of the lower timeframe structure.
A solid hold above $0.3400 opens a direct path for a bullish push toward overhead resistance at $0.4166 . However, a failure to defend support risks a breakdown retest toward lower macro demand near $0.3000 .
Don't predict the outcome early—let the retest at support confirm the expansion direction.
#ONDO #OndoFinance #CryptoAnalysis #TechnicalAnalysis
