Volume spikes often precede volatility rather than signaling a definitive trend.
$ONDO is down 8.57% to $0.3018, yet hourly volume recently hit 1.31x the daily average. This suggests aggressive repositioning beneath the recent range high of $0.3343.
If the price reclaims $0.3343, it may indicate a trend reversal. Conversely, a sustained break below the $0.2852 range low could signal further bearish pressure. Will the current volume surge support a recovery, or does this momentum confirm a deeper shift toward the downside?
Tap $ONDO for the live chart. #ONDO #BinanceSquare
$ONDO is down 8.57% to $0.3018, yet hourly volume recently hit 1.31x the daily average. This suggests aggressive repositioning beneath the recent range high of $0.3343.
If the price reclaims $0.3343, it may indicate a trend reversal. Conversely, a sustained break below the $0.2852 range low could signal further bearish pressure. Will the current volume surge support a recovery, or does this momentum confirm a deeper shift toward the downside?
Tap $ONDO for the live chart. #ONDO #BinanceSquare