📉 *Important update for $ONDO

ONDOUSDT

Perp

0.3928

-4.56%

* 📊

$ONDO shows a strong collapse from the previous range, indicating aggressive selling pressure. The price structure is bearish with lower highs and lower lows.

_Trading Setup_:

- _Sell Entry Area_: 0.412 – 0.420 USD 📍

- _Profit Targets_:

- _Target 1_: 0.405 USD 📉

- _Target 2_: 0.392 USD 📊

- _Target 3_: 0.378 USD 💥

- _Stop Loss_: above 0.435 USD ⚠️

_Technical Analysis_:

- _Bearish Momentum_: $ONDO shows continued decline with the price remaining below the broken support 🔄.

- _Bearish Continuation_: As long as the price stays below the broken support, further decline is expected with the possibility of additional downward movement 📉.

The currency shows potential for decline with the possibility of downward movement 📉.