🔴$ONDO

ONDO

0.4998

-0.57%

BEARISH TECHNICAL ANALYSIS – SELLERS GAINING CONTROL AFTER RESISTANCE REJECTION

$ONDO is showing early bearish signs after failing to sustain above the 0.500–0.510 resistance zone. The formation of lower highs and repeated rejection wicks indicate weakening bullish momentum. Volume patterns suggest buyers are losing strength, increasing the probability of a corrective move toward key support levels.

Targets (TP):

• TP1: 0.470

• TP2: 0.460

• TP3: 0.455

Stop Loss (SL):

• Above 0.510 resistance or recent swing high

Risk Management:

Use proper position sizing, avoid over-leverage, and always place SL before entering the trade.

#BearishSetup #ONDOAnalysis #CryptoTA