bear market just started for ONDO ?

5 lip

ONDO / USDT

Price has lost the trendline that saved the price in bullish status for months

Daily /weekly close below that trendline will confirm the bearish view on HTF

invalidation: easy if comes back above it again

Best of wishes

5 lip

Uwaga

Important note :

For more safety
Wait the daily /weekly close to confirm bearish or bullish view

If the drop fully absorbed it can indicate potential bottom

If it rejects on retest the bearish view will confirm

11 lip

Uwaga

Update :

price dropped 20% without any leverage
(We gained alot in a short trade)

Currently price is testing the trendline again
The next big move will depend on rejection or acceptance here

2 sie

Uwaga

Deep correction and about to reach first support area

5 sie

Uwaga

Update :
Insane Dump
And 2nd support reached