ONDO — Check the conditions first: 24h price changes do not replace 30m support confirmation.
Binance Spot | 24h -8.19%, current price 0.4274, 24h trading volume 23.0714 million.
The 30m volume ratio is 0.877x, with no clear relative increase in volume; 24h trading volume does not mean volume is currently rising.
Reference indicators: 30m ATR trend band reference level near 0.446815; the current price is below it, indicating weakness. 30m volume ratio: 0.877x.
There are two possible paths ahead: if the 30m volume ratio returns to 1.5x or higher and the current price reclaims the 30m ATR trend band reference level near 0.446815, a recovery would be confirmed. Otherwise, if the 30m volume ratio stays below 1.5x or the current price fails to reclaim the 30m ATR trend band reference level near 0.446815, downside pressure remains a concern.
Specifically, watch the next completed 30m candlestick: can the current price reclaim the area near 0.446815?
#ONDO #Abnormal Movement Alert
Binance Spot | 24h -8.19%, current price 0.4274, 24h trading volume 23.0714 million.
The 30m volume ratio is 0.877x, with no clear relative increase in volume; 24h trading volume does not mean volume is currently rising.
Reference indicators: 30m ATR trend band reference level near 0.446815; the current price is below it, indicating weakness. 30m volume ratio: 0.877x.
There are two possible paths ahead: if the 30m volume ratio returns to 1.5x or higher and the current price reclaims the 30m ATR trend band reference level near 0.446815, a recovery would be confirmed. Otherwise, if the 30m volume ratio stays below 1.5x or the current price fails to reclaim the 30m ATR trend band reference level near 0.446815, downside pressure remains a concern.
Specifically, watch the next completed 30m candlestick: can the current price reclaim the area near 0.446815?
#ONDO #Abnormal Movement Alert