The price of ONDO/USDT is currently trading within a broader sideways range, respecting both the upper resistance and lower support levels. The falling resistance trendline has been acting as a strong barrier, rejecting the price multiple times.
However, a bullish RSI divergence is forming at the lower support zone, signaling a potential reversal or bounce.
If the price holds above the support, a breakout above the trendline could trigger an upward move towards the upper resistance zone. On the downside, losing support could lead to further weakness.
However, a bullish RSI divergence is forming at the lower support zone, signaling a potential reversal or bounce.
If the price holds above the support, a breakout above the trendline could trigger an upward move towards the upper resistance zone. On the downside, losing support could lead to further weakness.
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