On a daily basis, ONDO showed a strong bullish impulse candle, with a rise of more than 24% and a peak at 0.5416 USDT.
Key technical points of the move:
Selling pressure at the top: The upper wick near 0.5416 USDT indicates that immediate profit-taking occurred as soon as the price reached the daily high.
Consistent volume: Daily volume exceeded 133 million USDT, confirming that the upward move had real buying flow and liquidity to support the breakout.
Support zones to monitor: Vertical moves of this magnitude usually require a cooldown; the levels between 0.47 USDT and 0.48 USDT act as the first pullback support, keeping the main base at 0.4155 USDT.
Trend confirmation: To maintain the bullish structure without prolonged sideways movement, the daily candle close needs to consolidate above 0.50 USDT and seek a new test of 0.5416 USDT.
Key technical points of the move:
Selling pressure at the top: The upper wick near 0.5416 USDT indicates that immediate profit-taking occurred as soon as the price reached the daily high.
Consistent volume: Daily volume exceeded 133 million USDT, confirming that the upward move had real buying flow and liquidity to support the breakout.
Support zones to monitor: Vertical moves of this magnitude usually require a cooldown; the levels between 0.47 USDT and 0.48 USDT act as the first pullback support, keeping the main base at 0.4155 USDT.
Trend confirmation: To maintain the bullish structure without prolonged sideways movement, the daily candle close needs to consolidate above 0.50 USDT and seek a new test of 0.5416 USDT.
