🔴 $ONDO · 1H
Price is $0.4328 and $ONDO remains below the averages that capped it earlier. The $0.4221 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. The floor is 2.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for a long stretch now. RSI at 37 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.4221 and $0.4681, sitting near the bottom of it now. Turnover is unremarkable, running 1.0x the recent average. Down 6.9% over 24 hours.
DYOR
$ONDO #TechnicalAnalysis
Price is $0.4328 and $ONDO remains below the averages that capped it earlier. The $0.4221 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. The floor is 2.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for a long stretch now. RSI at 37 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.4221 and $0.4681, sitting near the bottom of it now. Turnover is unremarkable, running 1.0x the recent average. Down 6.9% over 24 hours.
DYOR
$ONDO #TechnicalAnalysis