Someone asked me: ONDO has been moving sideways for days—can I buy the dip? My answer: let it stabilize first. I’m bearish in the short term.
It hasn’t had a meaningful bounce in 60 days, and the price is sitting right on the 7-day moving average. It’s only a hair away—looks like support, but it’s more like a ceiling.
The rest of the group tells the story too: CFG is in the red, while ONDO and OCEAN are a pair of fellow stragglers grinding along with the broader market. RWA hasn’t lost steam, but money is only churning in smaller names. The big names haven’t had their turn yet.
My rules: if it can’t hold the daily low at 0.4568, I’m looking straight at 0.4433. If it bounces back to the 0.4885 moving-average band without volume, I’ll keep selling. Only once it gets above that level will I talk about a bottom.
When a coin is stuck at the moving average, are you betting it breaks down or holds? Comment 1 if you’re betting on a breakdown, or 2$ONDO if you’re betting it holds. $OCEAN $CFG #行情分析 #RWA
It hasn’t had a meaningful bounce in 60 days, and the price is sitting right on the 7-day moving average. It’s only a hair away—looks like support, but it’s more like a ceiling.
The rest of the group tells the story too: CFG is in the red, while ONDO and OCEAN are a pair of fellow stragglers grinding along with the broader market. RWA hasn’t lost steam, but money is only churning in smaller names. The big names haven’t had their turn yet.
My rules: if it can’t hold the daily low at 0.4568, I’m looking straight at 0.4433. If it bounces back to the 0.4885 moving-average band without volume, I’ll keep selling. Only once it gets above that level will I talk about a bottom.
When a coin is stuck at the moving average, are you betting it breaks down or holds? Comment 1 if you’re betting on a breakdown, or 2$ONDO if you’re betting it holds. $OCEAN $CFG #行情分析 #RWA