Ondo Eyes $0.80 After Failing to Breach $0.95 Resistance
Ondo (ONDOUSDT) on the 4-hour timeframe suggests a potential pullback towards $0.80. This comes after the token repeatedly failed to surpass the crucial resistance level of $0.95.
The pullback to $0.80 could be a healthy correction before another attempt to break above $0.95. However, a breakdown below $0.80 could signal further weakness and a possible decline towards even lower support levels.
Key Technical Indicators:
Resistance: $0.95
Potential Pullback Target: $0.80
Breakdown Level: Below $0.80
The pullback to $0.80 could be a healthy correction before another attempt to break above $0.95. However, a breakdown below $0.80 could signal further weakness and a possible decline towards even lower support levels.
Key Technical Indicators:
Resistance: $0.95
Potential Pullback Target: $0.80
Breakdown Level: Below $0.80