📉 $ONDO Recovery Fizzles, Grinding Back Toward the Lows
Following ONDO’s previous rebound attempt out of 0.3255, this recovery has since been completely reversed. Price moved up toward 0.38 before sharply rejecting, and it is now steadily falling back toward 0.3239, very close to the same low that triggered the initial rebound. The “early, unconfirmed reversal” that was noted failed to hold, and the broader bearish trend that emerged from the 0.39 highs has clearly reasserted itself: it is now a lower-high, lower-low structure, once again testing a critical support level.
Pair: $ONDO /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 0.3220 – 0.3280
Take Profit Targets:
- TP1: 0.3080 +37.0%
- TP2: 0.2950 +72.2%
- TP3: 0.2800 +110.3%
Stop Loss: 0.3380
#Binance #Write2Earn
Following ONDO’s previous rebound attempt out of 0.3255, this recovery has since been completely reversed. Price moved up toward 0.38 before sharply rejecting, and it is now steadily falling back toward 0.3239, very close to the same low that triggered the initial rebound. The “early, unconfirmed reversal” that was noted failed to hold, and the broader bearish trend that emerged from the 0.39 highs has clearly reasserted itself: it is now a lower-high, lower-low structure, once again testing a critical support level.
Pair: $ONDO /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 0.3220 – 0.3280
Take Profit Targets:
- TP1: 0.3080 +37.0%
- TP2: 0.2950 +72.2%
- TP3: 0.2800 +110.3%
Stop Loss: 0.3380
#Binance #Write2Earn