📉 $ONDO Recovery Fizzles, Grinding Back Toward the Lows
Following up on ONDO's earlier bounce attempt off 0.3255 that recovery has since fully rolled over. Price pushed up toward 0.38 before rejecting hard, and it's now grinding steadily back down to 0.3239, right near the same low that sparked the original bounce. The "early, unconfirmed reversal" flagged has failed to hold, and the broader downtrend from the 0.39 highs has clearly reasserted itself this is now a lower-high, lower-low structure testing critical support again.
Pair: $ONDO /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 0.3220 – 0.3280
Take Profit Targets:
- TP1: 0.3080 +37.0%
- TP2: 0.2950 +72.2%
- TP3: 0.2800 +110.3%
Stop Loss: 0.3380
Following up on ONDO's earlier bounce attempt off 0.3255 that recovery has since fully rolled over. Price pushed up toward 0.38 before rejecting hard, and it's now grinding steadily back down to 0.3239, right near the same low that sparked the original bounce. The "early, unconfirmed reversal" flagged has failed to hold, and the broader downtrend from the 0.39 highs has clearly reasserted itself this is now a lower-high, lower-low structure testing critical support again.
Pair: $ONDO /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 0.3220 – 0.3280
Take Profit Targets:
- TP1: 0.3080 +37.0%
- TP2: 0.2950 +72.2%
- TP3: 0.2800 +110.3%
Stop Loss: 0.3380