$ONDO Jumps 15% in 24 hours.. but volume tells a different story 📉
Price at 0.5482 with a strong positive shift, yet the volume percentage is only 0.05—revealing the absence of institutional liquidity. The move appears driven more by short covering than by real demand, making any breakout fragile in the face of even modest selling pressure.
Most likely scenario: a technical correction toward the 0.51–0.52 zone to retest real demand before any further upward continuation. Watch trading volume at the bottom—it's the judge.
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$ONDO
This content is not investment advice—do your own research (DYOR)
Price at 0.5482 with a strong positive shift, yet the volume percentage is only 0.05—revealing the absence of institutional liquidity. The move appears driven more by short covering than by real demand, making any breakout fragile in the face of even modest selling pressure.
Most likely scenario: a technical correction toward the 0.51–0.52 zone to retest real demand before any further upward continuation. Watch trading volume at the bottom—it's the judge.
Follow us for deeper analyses and exclusive insights 🚀
$ONDO
This content is not investment advice—do your own research (DYOR)
