Is ONDOUSDT Heading for a Major Downturn? Key Levels to Watch!
Atualizado
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🌴
Trade fechado: objetivo atingido
Just as predicted, #ONDO lost momentum and fell by 50.68%. The ONDO is now seeing a pullback due to improved macro market sentiments.
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