🔴 $ONDS Bearish Alert ⚠️
A $26.352K long liquidation at $8.7833 signals aggressive leveraged-bull unwinding, adding significant short-term selling pressure. The $8.7833 level now becomes the critical pivot, with sellers favored while ONDS remains below it.
💰 Entry Zone: $8.74–$8.82 on rejection
🎯 Targets: $8.55 → $8.35 → $8.15
🛑 Stop Loss: Above $9.00
📍 Support: $8.55–$8.35
📍 Resistance: $8.7833–$9.00
If ONDS fails to reclaim $8.7833, sellers may target $8.55 first and $8.35 next. A decisive breakdown below $8.35 could extend the decline toward $8.15, while a sustained recovery above $9.00 would weaken the bearish setup and favor a relief bounce.
Strength Rating: ⭐⭐⭐⭐⭐ (5/5 Bearish) — A significant $26.352K long liquidation shows heavy leveraged unwinding and keeps downside volatility elevated unless buyers reclaim the liquidation zone
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