Ondo

ONDO,1 more push lower

467
ONDO Price is sitting just above High Volume Node support, testing the descending trend-line as resistance. As long as we are below the trend-line, the probability is to the downside.

Wave 2 appears complete after 5 waves down from the wave X flat correction. Price was front-run at the golden pocket Fibonacci retracement, but only a bounce so far. We are below the daily pivot and 200EMA, which is bearish.

📈 Daily RSI tapped oversold twice with slight bullish divergence.

👉 Continued downside has a target of the bottom of the High Volume Node at $0.5

Safe trading

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