ONDO still looks structurally stronger than most of the market.
Even after the rejection from 0.486, price did not fully collapse back to the old range. Instead, ONDO is holding around the 0.32–0.34 region, which is exactly where stronger assets usually begin forming higher-timeframe bases.
The daily candles show volatility, but they also show buyers repeatedly stepping in near the same support zone. That is important because the market is not giving clean breakdown continuation.
If ONDO reclaims 0.37–0.40, the structure can quickly shift from correction to continuation. The upside liquidity remains around 0.43 and then 0.48.
ONDO already proved it can expand aggressively.
Now it is building the base for the next move.
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