$ONDO A drop of 6% in 24 hours… but the volume is only at 16% — are we facing a healthy correction or a liquidity trap?
The price is holding at 0.3489, with a sharp decline in volume to 0.16 of the normal level. The 15-minute candles show limited selling pressure, but the dominant feature is the absence of buyers. The RSI is approaching the oversold zone without yet breaking key support levels.
The positive scenario: Low volume suggests the absence of major sellers — meaning a bounce at the 0.34 support could trigger a fast upward move with a return of liquidity.
The negative scenario: If volume stays below 0.3 and 0.34 breaks, the door opens to 0.32–0.30 with little resistance.
The deciding factor: Volume returning above average on any test of the 0.345 level.
Do you see an entry opportunity at current levels, or will you wait for real volume confirmation?
$ONDO
This content is not investment advice—do your own research (DYOR).
The price is holding at 0.3489, with a sharp decline in volume to 0.16 of the normal level. The 15-minute candles show limited selling pressure, but the dominant feature is the absence of buyers. The RSI is approaching the oversold zone without yet breaking key support levels.
The positive scenario: Low volume suggests the absence of major sellers — meaning a bounce at the 0.34 support could trigger a fast upward move with a return of liquidity.
The negative scenario: If volume stays below 0.3 and 0.34 breaks, the door opens to 0.32–0.30 with little resistance.
The deciding factor: Volume returning above average on any test of the 0.345 level.
Do you see an entry opportunity at current levels, or will you wait for real volume confirmation?
$ONDO
This content is not investment advice—do your own research (DYOR).
