🚨 $ONDO at a crossroads — bounce or breakdown? 🤔📉📈
ONDO is hovering near $0.24, sliding about 6% as sellers step in after the recent rebound. What looked like a clean recovery is now testing traders’ patience 👀
🔥 What just happened?
🚀ONDO climbed close to $0.30 as altcoins caught a relief rally
🧱 Heavy selling kicked in near a key resistance zone
📉 Price slipped back, with volume rising — sellers still in control
📊 Market snapshot
🧊 Short-term momentum weakened after rejection near $0.27
📉 RSI is low and drifting down — pressure isn’t gone yet
⚖️ MACD hints downside momentum may be slowing
🧠 So… what’s next?
🟢 Bull case: A clean breakout could open the door toward $0.45, with momentum builds
🔴 Bear case: Failure to defend support risks a drop below $0.20, with deeper pain possible
🌪️ Big picture check
😰 Crypto sentiment remains fragile
💥 Liquidations are still elevated
🪙 Broader market weakness keeps altcoins on edge
👉 Is this just a pause before the next leg up… or the calm before another drop?
$ONDO holders — what’s your move? 👇🔥#RWA
