🔥 ONDO getting crushed — -3.39% drop. Capitulation or buying opportunity?

📊 $ONDO — Full Technical Breakdown

💹 Price Action:
• Entry: $0.47 (-3.39% 24h)
• Support: $0.46 | Resistance: $0.49
• Pivot: $0.47

📈 Momentum:
• RSI(14): 60.8 — strong momentum, near overbought
• MACD bullish crossover, histogram expanding - momentum building

🔗 MA Structure:
• EMA20: $0.47 | EMA50: $0.48
• Bearish alignment: Price < EMA20 < EMA50. Every rally is a sell.

🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $0.49 | Target 2: $0.50
• Stop: $0.45
• R:R = 1:1.0

🔥 Long or short? Drop your thesis below 👇

$ONDO $MKR

#ONDO #TechnicalAnalysis #CryptoTrading #PriceAction