Watching $ONDO closely right now, this downtrend doesn't look ready to end yet.

A daily close below 0.40 would confirm this downtrend and set the stage for a deeper move lower.

Downtrend with close below both MAs
Bearish momentum
Key support at 0.3053

A daily close above 0.4279 invalidates this short setup.

Are you shorting this downtrend on $ONDO?

#MarketAnalysis