$ONDO Entering Major HTF Demand While Momentum Weakens 👀
ONDO continues moving lower after rejecting from the premium expansion zone near 0.42–0.47. Current structure still shows lower highs and weakening momentum while price approaches the strongest HTF demand region on the chart. Repeated rejection from descending resistance suggests sellers still control short-term direction, so this is not a confirmed bullish reversal yet.
The key liquidity zone now sits around 0.332–0.305. That area aligns with previous accumulation, deeper HTF discount pricing, and major historical demand. If ONDO sweeps liquidity into that region and quickly reclaims it with bullish displacement, the probability for a safer swing continuation toward higher premium liquidity increases significantly.
RSI momentum also remains weak while price trades below key dynamic resistance. Markets usually prefer deeper panic sweeps before real expansion begins after repeated premium rejections.
Analysis by Leo524.
#ONDO #ONDOUSDT #Crypto #BTC #Trading #Altcoins #Leo524
ONDO continues moving lower after rejecting from the premium expansion zone near 0.42–0.47. Current structure still shows lower highs and weakening momentum while price approaches the strongest HTF demand region on the chart. Repeated rejection from descending resistance suggests sellers still control short-term direction, so this is not a confirmed bullish reversal yet.
The key liquidity zone now sits around 0.332–0.305. That area aligns with previous accumulation, deeper HTF discount pricing, and major historical demand. If ONDO sweeps liquidity into that region and quickly reclaims it with bullish displacement, the probability for a safer swing continuation toward higher premium liquidity increases significantly.
RSI momentum also remains weak while price trades below key dynamic resistance. Markets usually prefer deeper panic sweeps before real expansion begins after repeated premium rejections.
Analysis by Leo524.
#ONDO #ONDOUSDT #Crypto #BTC #Trading #Altcoins #Leo524