Ondo (ONDO) price continues to show weakness, aligning with broader market sentiment as altcoins take their cues from Bitcoin (BTC).
Ondo price has turned previous high into a support-resistance at $0.8276. That ONDO traded below this crucial level without continuing down is a good sign. If markets show strength, the altcoin could retake this level, setting tone for a rally to $1. A lower low below $0.7500 would invalidate the bullish thesis. Ondo price continues to show weakness, aligning with broader market sentiment as altcoins take their cues from Bitcoin .
-hour chart On the other hand, enhanced selling pressure could see Ondo price drop further. A move below $0.7500 would produce a lower low, invalidating the bullish thesis.
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