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$ONDO Clear Downtrend (Short-term)
Recent candles show continued selling pressure with the price breaking below previous consolidation support near 0.435-0.445
Spot Net Flow: Interestingly, shows inflows on the 12H, 24H, 3D, 5D, 7D timeframes. This suggests "smart money" or accumulation is happening in the spot market on a longer-term scale, even as futures traders panic. This creates a divergence: futures fleeing vs. spot buying on dips.
The evidence strongly favors the downside in the immediate 1H term: strong bearish MA alignment, active MACD sell signal, price breaking down with volume, and massive futures capital flight. However, counter-signals are emerging: price is at the lower Bollinger Band, short-term RSI and KDJ are severely oversold, and spot markets are seeing inflows on longer timeframes. This suggests the down move may be exhausting in the very near term, leading to a bounce or consolidation.
Entry Short
$ONDO rejected 0.425-0.428 resistance zone
Stop-Loss: ~0.450 (above MA5)
Target Price
$ONDO : 0.40-0.38
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