$ONDO quietly did the full round trip while most of the market is still red.
That 1am flush on Friday took it from 0.416 to a 0.361 wick in a few hours. Since then it's just been stacking higher lows on the 1h, tagged 0.424 this morning, dipped to 0.404 and buyers stepped right back in. Sitting around 0.4175 now, back over both EMAs, up almost 6% on the day.
For me the line is 0.4232. An hourly close above that and I think 0.4305 comes next, then the 0.436 high from before the dump.
If it loses 0.404 again then this was only a relief bounce and 0.39 is back in play.
That 1am flush on Friday took it from 0.416 to a 0.361 wick in a few hours. Since then it's just been stacking higher lows on the 1h, tagged 0.424 this morning, dipped to 0.404 and buyers stepped right back in. Sitting around 0.4175 now, back over both EMAs, up almost 6% on the day.
For me the line is 0.4232. An hourly close above that and I think 0.4305 comes next, then the 0.436 high from before the dump.
If it loses 0.404 again then this was only a relief bounce and 0.39 is back in play.
