$ONDO Jumps 26.8% in hours... but volume tells a different story 📉
At $0.5253, the price reached new highs, but the volume ratio (0.01) reveals the absence of institutions. The move is driven by thin liquidity and short-term speculation, making the breakout fragile in the face of any sudden sell pressure. A 15-minute candle close above $0.53 is necessary to confirm intent.
The most likely scenario: a technical correction toward $0.48–$0.50 to absorb the overbought conditions and retest the broken support before resuming the upward move, conditional on volume returning.
Follow us for deeper analysis and to track the next entry zones 🎯
$ONDO
This content is not investment advice—do your own research (DYOR)
At $0.5253, the price reached new highs, but the volume ratio (0.01) reveals the absence of institutions. The move is driven by thin liquidity and short-term speculation, making the breakout fragile in the face of any sudden sell pressure. A 15-minute candle close above $0.53 is necessary to confirm intent.
The most likely scenario: a technical correction toward $0.48–$0.50 to absorb the overbought conditions and retest the broken support before resuming the upward move, conditional on volume returning.
Follow us for deeper analysis and to track the next entry zones 🎯
$ONDO
This content is not investment advice—do your own research (DYOR)
