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If $ONDO breaks the 1.60-1.58 support levels, it could potentially drop to around the 1.48-1.52 range, which might be a good entry point for a long-term position.

However, if it holds above the trendline, there is potential for the price to rise toward 2.00-2.10.

Keep in mind, there is significant liquidity around the 1.89 level, so that could play a key role in the price movement. What are your thoughts?