Quiet volume on a 6.75% daily gain warns against chasing.
$ONDO trades at $0.4096 on $12.02M daily volume, yet the final hourly candle dropped 1.21% on sub-average turnover of 0.46x relative to the preceding 23-hour average.
This divergence separates momentum from stamina.
A bullish confirmation scenario requires a sustained move back toward the 23-hour high of $0.4204 with rising volume. Conversely, an invalidation scenario sees a breakdown beneath the 23-hour low of $0.3762.
Will you wait for a volume-backed breakout above $0.4204, or are you watching for a retest near $0.3762?
Tap $ONDO for the live chart. #ONDO #BinanceSquare
$ONDO trades at $0.4096 on $12.02M daily volume, yet the final hourly candle dropped 1.21% on sub-average turnover of 0.46x relative to the preceding 23-hour average.
This divergence separates momentum from stamina.
A bullish confirmation scenario requires a sustained move back toward the 23-hour high of $0.4204 with rising volume. Conversely, an invalidation scenario sees a breakdown beneath the 23-hour low of $0.3762.
Will you wait for a volume-backed breakout above $0.4204, or are you watching for a retest near $0.3762?
Tap $ONDO for the live chart. #ONDO #BinanceSquare