🚨 $ONDO /USDT: HEAVY SELL-OFF OR A POWERFUL BOUNCE LOADING? 🔥
$ONDO is trading at $0.3009 (-8.09%), following a sharp bearish breakdown from the $0.3901 peak. The 1H chart reveals a clear lower-high and lower-low structure, confirming strong selling pressure. However, price has bounced from the crucial $0.2852 support zone and is attempting to stabilize near $0.3000. Bulls need to reclaim $0.3030 to build recovery momentum, with potential upside targets at $0.3261 and $0.3492. On the downside, a confirmed breakdown below $0.2852 could expose $0.2799. Trading Strategy: Watch for a strong 1H breakout above $0.3030 with volume confirmation before considering a long entry. Avoid chasing the bounce while the bearish structure remains intact. Key Levels: Support $0.2852 | Resistance $0.3030 | Targets $0.3261 / $0.3492. Trade smart and let price action confirm the next move! 🚀
#ONDO
$ONDO is trading at $0.3009 (-8.09%), following a sharp bearish breakdown from the $0.3901 peak. The 1H chart reveals a clear lower-high and lower-low structure, confirming strong selling pressure. However, price has bounced from the crucial $0.2852 support zone and is attempting to stabilize near $0.3000. Bulls need to reclaim $0.3030 to build recovery momentum, with potential upside targets at $0.3261 and $0.3492. On the downside, a confirmed breakdown below $0.2852 could expose $0.2799. Trading Strategy: Watch for a strong 1H breakout above $0.3030 with volume confirmation before considering a long entry. Avoid chasing the bounce while the bearish structure remains intact. Key Levels: Support $0.2852 | Resistance $0.3030 | Targets $0.3261 / $0.3492. Trade smart and let price action confirm the next move! 🚀
#ONDO
