ONDO Returns to a High-Interest Demand Zone | Recovery Incoming
A few days ago, we highlighted the $0.361–$0.373 region as the ideal area to watch after ONDO's breakout and successful retest. Rather than chasing strength, the focus was on waiting for the price to revisit support and offer a better risk-to-reward opportunity.
ONDO has now completed that pullback.
Price is currently consolidating around the lower end of the demand zone, with downside momentum slowing significantly compared to previous sessions. At the same time, RSI is beginning to recover from lower levels, suggesting selling pressure may be fading.
From a technical perspective, this is where markets often transition from distribution to accumulation. While confirmation is still needed, the current structure is becoming increasingly interesting.
Key Levels
Support Zone:
$0.342 – $0.355
Resistance Levels:
$0.364
$0.374
$0.438
What I'm Watching
• Continued defense of the $0.342–$0.355 support region
• RSI is maintaining its recovery and pushing above the midline
• Higher lows forming on lower timeframes
• Reclaim of $0.364 as the first sign of renewed bullish momentum
If buyers continue defending this area, ONDO could begin building a base for a move back toward the major resistance zone around $0.438.
For now, patience remains key. The best opportunities often appear when sentiment is quiet and price returns to areas of strong historical demand.
What do you think — accumulation before the next leg higher, or more downside before the trend resumes?
NFA | DYOR
ONDO has now completed that pullback.Price is currently consolidating around the lower end of the demand zone, with downside momentum slowing significantly compared to previous sessions. At the same time, RSI is beginning to recover from lower levels, suggesting selling pressure may be fading.
From a technical perspective, this is where markets often transition from distribution to accumulation. While confirmation is still needed, the current structure is becoming increasingly interesting.
Key Levels
Support Zone:
$0.342 – $0.355
Resistance Levels:
$0.364
$0.374
$0.438
What I'm Watching
• Continued defense of the $0.342–$0.355 support region
• RSI is maintaining its recovery and pushing above the midline
• Higher lows forming on lower timeframes
• Reclaim of $0.364 as the first sign of renewed bullish momentum
If buyers continue defending this area, ONDO could begin building a base for a move back toward the major resistance zone around $0.438.
For now, patience remains key. The best opportunities often appear when sentiment is quiet and price returns to areas of strong historical demand.
What do you think — accumulation before the next leg higher, or more downside before the trend resumes?
NFA | DYOR
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.