$ONDO is showing signs of a possible recovery after its extended downtrend, with buyers stepping in around the $0.20–$0.25 support zone.
Price is currently trading near $0.3661, and the daily chart is starting to resemble a Double Bottom formation.
The big level to watch is $0.75–$0.80. If bulls can reclaim this zone and break above it,
we could see a much stronger reversal, with $1.50 becoming the next major target.
It's still too early to call it a confirmed reversal, but the way buyers have defended the lows makes this an interesting setup to watch.
#AnthropicRejectsIPODelayValuationinQuestion
Price is currently trading near $0.3661, and the daily chart is starting to resemble a Double Bottom formation.
The big level to watch is $0.75–$0.80. If bulls can reclaim this zone and break above it,
we could see a much stronger reversal, with $1.50 becoming the next major target.
It's still too early to call it a confirmed reversal, but the way buyers have defended the lows makes this an interesting setup to watch.
#AnthropicRejectsIPODelayValuationinQuestion
