⚠️ ONDO LONGS ARE FEELING THE PRESSURE
🔴 $57.9K LONG LIQUIDATED
📍 Liquidation Price: $0.505
Another leveraged long has been flushed at $0.505, extending the liquidation pressure lower and keeping ONDO in a sensitive short-term zone.
🧭 NEXT MOVE WATCH
🔻 Under $0.505: If price continues rejecting this level, sellers could remain active and push toward lower support.
🔺 Reclaim $0.505: A strong move back above the level could signal absorption of the forced selling and create room for a relief bounce.
🎯 Market View:
Bearish pressure below $0.505, with a reclaim needed to improve the short-term structure.
🔥 KEY LEVEL → $0.505
⚠️ Liquidation activity highlights forced exits, not guaranteed continuation. Wait for confirmation and manage risk carefully.
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