$ONDO volume spikes while price breaks the previous 23-hour high.
With a 24-hour gain of 5.26% and volume hitting 1.34x the recent hourly average, buyers are clearly testing overhead liquidity at $0.5219. This surge suggests renewed momentum, but chasing breakouts often invites retracement risks.
If the price sustains above the $0.5191 breakout point, bulls may find firmer footing. Conversely, a failure to hold this level suggests the move lacks conviction. đ
Do you view the recent volume spike as a breakout confirmation or a potential liquidity trap before a retest of $0.4802?
Tap $ONDO for the live chart. #ONDO #BinanceSquare
With a 24-hour gain of 5.26% and volume hitting 1.34x the recent hourly average, buyers are clearly testing overhead liquidity at $0.5219. This surge suggests renewed momentum, but chasing breakouts often invites retracement risks.
If the price sustains above the $0.5191 breakout point, bulls may find firmer footing. Conversely, a failure to hold this level suggests the move lacks conviction. đ
Do you view the recent volume spike as a breakout confirmation or a potential liquidity trap before a retest of $0.4802?
Tap $ONDO for the live chart. #ONDO #BinanceSquare