🔥 Analysis of $ONDO (LAST HOURS)

1️⃣ What happened

ONDO made a quick pump to 0.51, exactly where the heatmap indicated

🟡 MEGA zone of sell orders + liquidations (0.505 – 0.515)

What's the result?

✔ Perfect sweep

✔ Violent rejection

✔ Direct drop to absorption zone

2️⃣ Where they absorbed

The price stopped at 0.46 – 0.465, which coincides with:

🟢 Zone of past purchases

🟢 Pending LONG liquidity

🟢 Buyer wall on the heatmap

That is the current intraday floor.

3️⃣ Where it is now (≈ 0.478)

ONDO is in a neutral zone, it is neither a floor nor a ceiling

This is typical before the market chooses between:

✔ retesting the high zone (0.50 – 0.508)

or

✔ breaking down to sweep 0.46

And this is where technical analysis comes in.

🔥 KEY ZONES (This is the important part)

🟢 ZONE IN FAVOR OF THE PRICE (technical buy only with confirmation)

0.465 – 0.470

👉 This is the level where they absorbed after the drop.

👉 This is where the price was defended on the heatmap.

Conditions for it to be valid:

✔ Bounce with strong candle

✔ Volume entering

✔ Higher low in 5m/15m

🔴 SELL/REJECTION ZONE (strong)

0.503 – 0.510

👉 There is HEAVY LIQUIDITY.

👉 They rejected it there before.

👉 Selling without confirmation is suicidal, but a clean rejection provides a technical entry.

Conditions for it to be valid:

✔ Long wick above

✔ RSI falling from overbought

✔ Selling volume

✔ Doji + red candle in 5m/15m