๐ SIGNAL: $ONDO /USDT ๐
๐น Direction: SHORT / SELL ๐ด
๐น Entry Zone: 0.3589 โ 0.3680
๐ฏ Take Profit (TP) Targets:
0.3350
0.3100
0.2850
๐ซ Stop Loss (SL): 0.3850
โ๏ธ Leverage: 3x - 5x (Cross/Isolated)
๐ Short Market Analysis:
$ONDO is trading inside a clear sideways consolidation pattern with a slight bearish bias on the 1D (Daily) chart. The price is currently facing strong rejection at the immediate dynamic resistance created by the yellow and pink moving averages.
Trading volume has also been steadily declining, indicating a lack of strong buying interest at these current levels. Unless the bulls manage a decisive breakout above the 0.3700 resistance zone, the price is highly likely to break lower and retest the major horizontal support structure near the purple line around the 0.3100 region.
#ONDO #CryptoSignals #Trading #Binance #TechnicalAnalysis
