Volume spikes without price follow-through often trap late buyers.
$ONDO trades at $0.465, up 2.31% over 24 hours on $11.43M volume. Hourly volume surged to 1.37x the preceding average while the latest 1-hour close dipped 0.41% to 0.4664, signaling potential exhaustion near the upper 24-hour range boundary of $0.4725.
A bullish continuation scenario requires a sustained move above the $0.4725 high with expanding volume. Conversely, losing the lower boundary at $0.4475 invalidates the breakout structure and increases downside risk.
Will you wait for a confirmed daily close above $0.4725, or does rejection at this resistance level make…
Tap $ONDO for the live chart. #ONDO #BinanceSquare
$ONDO trades at $0.465, up 2.31% over 24 hours on $11.43M volume. Hourly volume surged to 1.37x the preceding average while the latest 1-hour close dipped 0.41% to 0.4664, signaling potential exhaustion near the upper 24-hour range boundary of $0.4725.
A bullish continuation scenario requires a sustained move above the $0.4725 high with expanding volume. Conversely, losing the lower boundary at $0.4475 invalidates the breakout structure and increases downside risk.
Will you wait for a confirmed daily close above $0.4725, or does rejection at this resistance level make…
Tap $ONDO for the live chart. #ONDO #BinanceSquare