A $94.8K long liquidation just hit #ONDO at $1.697, sending shockwaves through the market!
Entry Point: $1.697 (Price level following the liquidation event)
Target: $1.750 (Key resistance—watch for a potential rally towards this level)
Stop Loss: $1.650 (Critical support—any drop below this could signal further downside)
With $ONDO under pressure, a potential bounce back to $1.750 could follow if market momentum picks up.
However, if #ONDO fails to hold $1.650, more downside could emerge. Stay sharp and manage your risk as #ONDO navigates through this volatile phase!