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Is ONDO Ready to Soar? Whale Returns and Trading Surge Signal
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Recently, ONDO has garnered significant attention due to the return of whale activity and a surge in trading volume. Technical indicators show oversold signals, and a large influx of capital suggests bullish potential.
Whales Hoarding Show Confidence
In the past week, an institution injected $7.87 million through five wallets, with the largest single transaction being $2.46 million, acquiring 1.64 million ONDO. As of this writing, ONDO is priced at $1.43. Despite a 2.15% drop in the last 24 hours, the confidence of large holders lays a foundation for a subsequent rebound.
Key Price Level Game
ONDO is currently consolidating in the key support area between $1.40 and $1.50. A breakout above the resistance level of $1.79 could initiate an upward trend, targeting $2.30. If it loses the support level, the price may retreat to $1.20, increasing short-term bearish pressure.
Institutional Interest Grows
Trading volume between $10,000 and $100,000 has increased by 156.73%, and trading volume over $1 million has doubled, indicating a surge in interest from institutional investors in ONDO, boosting capital inflow and enhancing market confidence.
Summary
ONDO is consolidating at key price levels, with the return of whales and active institutional trading providing potential upward momentum. If it can break through the resistance range, the token may welcome a new round of upward movement.
Tap the avatar to watch the live stream and chat!
Tap the avatar to watch the live stream and chat!
Recently, ONDO has garnered significant attention due to the return of whale activity and a surge in trading volume. Technical indicators show oversold signals, and a large influx of capital suggests bullish potential.
Whales Hoarding Show Confidence
In the past week, an institution injected $7.87 million through five wallets, with the largest single transaction being $2.46 million, acquiring 1.64 million ONDO. As of this writing, ONDO is priced at $1.43. Despite a 2.15% drop in the last 24 hours, the confidence of large holders lays a foundation for a subsequent rebound.
Key Price Level Game
ONDO is currently consolidating in the key support area between $1.40 and $1.50. A breakout above the resistance level of $1.79 could initiate an upward trend, targeting $2.30. If it loses the support level, the price may retreat to $1.20, increasing short-term bearish pressure.
Institutional Interest Grows
Trading volume between $10,000 and $100,000 has increased by 156.73%, and trading volume over $1 million has doubled, indicating a surge in interest from institutional investors in ONDO, boosting capital inflow and enhancing market confidence.
Summary
ONDO is consolidating at key price levels, with the return of whales and active institutional trading providing potential upward momentum. If it can break through the resistance range, the token may welcome a new round of upward movement.
Tap the avatar to watch the live stream and chat!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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