Yello, Paradisers! Are we about to witness a significant move in #ONDOUSDT? Let’s break down the current situation.
💎#ONDO has broken the ascending channel support, indicating a potential bearish momentum. The price recently bounced off the demand zone at 0.9, suggesting a possible upward retest before continuing its downward movement.
💎If the price breaks below the 0.9 demand zone, we could see a further decline towards the strong demand area at 0.687, and potentially even lower to the OB area around 0.48.
💎However, if ONDO manages to reclaim the price above the ascending channel support and breaks the resistance at 1.295, this would invalidate the bearish momentum. In this case, the price has the potential to continue its upward movement.
Stay sharp, traders, and keep these critical levels in mind as you navigate the market.
MyCryptoParadise
iFeel the success🌴
💎#ONDO has broken the ascending channel support, indicating a potential bearish momentum. The price recently bounced off the demand zone at 0.9, suggesting a possible upward retest before continuing its downward movement.
💎If the price breaks below the 0.9 demand zone, we could see a further decline towards the strong demand area at 0.687, and potentially even lower to the OB area around 0.48.
💎However, if ONDO manages to reclaim the price above the ascending channel support and breaks the resistance at 1.295, this would invalidate the bearish momentum. In this case, the price has the potential to continue its upward movement.
Stay sharp, traders, and keep these critical levels in mind as you navigate the market.
MyCryptoParadise
iFeel the success🌴
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。