$ONDO is still showing weakness across the board. Price sits at $0.3835, down 4.91% in 24h and another 5.1% in the latest 4h window. RSI at 34 hints at oversold conditions, but the bearish stack remains intact with price below the 20D and 50D moving averages. Longs are still paying funding at 0.005%, so the downside pressure isn’t fully cleared yet. Watching for a real reclaim before turning constructive. 📉

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Inspired by 509 Jony Dong on Binance Square.