$ONDO
/ USDT — Consolidation with Bearish Bias 🚨
Price is stuck in a range, leaning downward. Volume is moderate at 57.6M (24h) — not explosive, but those big red candles with volume spikes show clear selling pressure. Buyers aren’t stepping in aggressively.
Capital Flows:
24h net outflow: -440k
7D outflow: -8.7M
Spot flows: negative
Short-term 1H inflows exist (+179k), but it’s minor compared to overall selling. Traders are lightening longs or adding shorts.
My Take on $ONDO:
Bearish bias for now — cautious short setup.
Short Opportunities:
• Near resistance: ~0.4247 USDT
• On clean break below support: 0.3846 USDT
• Safer pullback short: MA5 (~0.3946) for better risk-reward
Stop Loss:
• 0.4247 (if shorting resistance)
• 0.4038 (if breaking lower)
Targets:
• TP1: 0.3605
• TP2: 0.3280
📉 ONDOUSDT | Perp | 0.3889 | -2.6%
Not expecting a huge move yet — price could chop more — but flows and volume suggest bears have the edge.
🔔 Nabiha Noor | Like & Follow for more trading insights!