$ONDO
The silence before the storm feels intense when the market is waiting for its next direction. ONDO is currently showing weakness, but that does not automatically mean the opportunity has disappeared. The next move will depend on whether buyers can defend the current price area.
ONDO is trading at 0.39016, down 0.6 percent over the past 24 hours. This makes it one of the weaker names in the displayed leaderboard. The important signal now is whether selling pressure begins to fade or continues to push the price lower.
I am watching for volume expansion, a possible shift in market dominance and signs of renewed demand. Whale activity could help explain the next move, but actual wallet data is needed before drawing conclusions about accumulation or distribution.
The current price area around 0.39016 is the first level I am watching. If buyers defend it and momentum improves, a recovery toward the next resistance area could develop. If the price loses support, I would rather wait for a stronger setup than force a trade.
EP: 0.39016
TP: 0.40967
SL: 0.37846
ONDO remains on my watchlist because weakness can turn into an opportunity when the market confirms a reversal. I am waiting for buyers to prove their strength before getting involved.
I’m ready for the move.
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