ONDO Technical Analysis in Daily Timeframe

14 Agu

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Now, let’s dive into this chart analysis:

ONDO has dropped nearly 66% from its all-time high and is currently holding support at $0.652. With the recent rebound and the current price at $0.758, ONDO is likely to reach the resistance trendline at $0.902.

A breakout above the resistance trendline will signal a further bullish move. ONDO must maintain the support level to keep the price steady. We will re-analyze the chart if the price closes below the support trendline.

Key levels:

- Support: $0.652
- Primary Resistance: $0.902
- Target: $1.49 (All-Time High)
- Invalidation: A daily close below $0.652

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