🚨 $ONDO REJECTS KEY SUPPLY ZONE AS INSTITUTIONAL SELLERS DEFEND THE BREAKDOWN 📉
Entry: $0.5230 - $0.5280 ⚡
Target: $0.5120 / $0.5020 / $0.4900 🎯
Stop Loss: $0.5410 ⚠️
After a heavy distribution push from the $0.60 structural high, $ONDO triggered a crisp breakdown into discount levels. 📊 The ongoing retracement into the $0.5230 - $0.5280 premium zone lacks impulsive volume, signaling a low-conviction counter-trend correction into overhead supply.
🔍 Smart money appears focused on defending this order block to engineer liquidity sweeps toward lower demand pools down to $0.4900. 💬 Will buyers step in before the lower targets trigger, or are we set for another downward leg? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONDO #ShortSetup #MarketStructure #Crypto
🐻 📉
Entry: $0.5230 - $0.5280 ⚡
Target: $0.5120 / $0.5020 / $0.4900 🎯
Stop Loss: $0.5410 ⚠️
After a heavy distribution push from the $0.60 structural high, $ONDO triggered a crisp breakdown into discount levels. 📊 The ongoing retracement into the $0.5230 - $0.5280 premium zone lacks impulsive volume, signaling a low-conviction counter-trend correction into overhead supply.
🔍 Smart money appears focused on defending this order block to engineer liquidity sweeps toward lower demand pools down to $0.4900. 💬 Will buyers step in before the lower targets trigger, or are we set for another downward leg? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ONDO #ShortSetup #MarketStructure #Crypto
🐻 📉
