Watchlist view $ONDO today
$ONDO is currently moving at the 0.3706 level after rising 12.51%, with the one-hour trading volume outperforming normal levels by 5.57x.
• The one-hour RSI is 79.3 and the fifteen-minute RSI is 72.4, indicating that short-term buying pressure remains strongly present on the chart.
• The price continues to hold above the support zone 0.3652, and buying force helps break through resistance 0.3748 to extend the current uptrend.
• Profit-taking pressure is emerging, causing the price to turn and dip below the 0.3652 support level, followed by a retest of the nearby lower zones.
Many people easily confuse a sudden spike in large trading volume with the actual accumulation force from whales, while this could simply be a short-term volatility swing.
#Crypto #ONDOUSDT
$ONDO is currently moving at the 0.3706 level after rising 12.51%, with the one-hour trading volume outperforming normal levels by 5.57x.
• The one-hour RSI is 79.3 and the fifteen-minute RSI is 72.4, indicating that short-term buying pressure remains strongly present on the chart.
• The price continues to hold above the support zone 0.3652, and buying force helps break through resistance 0.3748 to extend the current uptrend.
• Profit-taking pressure is emerging, causing the price to turn and dip below the 0.3652 support level, followed by a retest of the nearby lower zones.
Many people easily confuse a sudden spike in large trading volume with the actual accumulation force from whales, while this could simply be a short-term volatility swing.
#Crypto #ONDOUSDT
