ONDO has been moving steadily today. It was still around 0.40 this morning, then gradually edged up, touching 0.4227 at noon. It pulled back to 0.405 in the afternoon before bouncing back, and is now at 0.418U.
This morning, I said you could consider getting in if it held above 0.39–0.40 on a pullback. It hasn't dipped below that since, and the floor has been gradually rising.
What’s still supporting it is the OpenAI ticket subscription opening next week. There’s just one weekend left, and funds watching this are lining up early.
However, 0.43 is the high it reached over the past few days, and the first significant resistance level since the decline began. If it can’t break through, even the best news will only keep it moving sideways within the range.
I’m still leaning bullish. 0.405–0.41 is the support level it established this afternoon. If it holds on a pullback, you could consider getting in; only a move above 0.43 would confirm this rebound.
If it falls back below 0.39, the gains of the past few days will have been for nothing. Best to stay out for now. #ONDO $ONDO
This morning, I said you could consider getting in if it held above 0.39–0.40 on a pullback. It hasn't dipped below that since, and the floor has been gradually rising.
What’s still supporting it is the OpenAI ticket subscription opening next week. There’s just one weekend left, and funds watching this are lining up early.
However, 0.43 is the high it reached over the past few days, and the first significant resistance level since the decline began. If it can’t break through, even the best news will only keep it moving sideways within the range.
I’m still leaning bullish. 0.405–0.41 is the support level it established this afternoon. If it holds on a pullback, you could consider getting in; only a move above 0.43 would confirm this rebound.
If it falls back below 0.39, the gains of the past few days will have been for nothing. Best to stay out for now. #ONDO $ONDO
